The cases describe the death of Arthur Andersen, the company that has long set the industry standard for professionalism in the field of accounting and auditing. Following the example of a strong corporate culture with the obligation of public service and independent integrity, Andersen saw her culture and standards to weaken as it grew and changed by blasting his management. (A) describes the case of the crisis caused by the acceptance of waste, a major client Andersen, that it overstated its pre-tax profits to $ 1.43 billion from 1992 to 1996. As a result, the Securities and Exchange Commission (SEC) investigation ended Andersen paid $ 7 million fine levied on the largest accounting firm, and agreeing to the injunction, which effectively put the giant accounting on probation. Students analyze the causes of the problems and advise Andersen Andersen leadership. (B) covers the case of Arthur Andersen relationship with Enron, one of the great success stories of the "new economy" boom. When Enron's aggressive use of off-balance-sheet partnerships became impossible to hide the fall of 2001, news Andersen said that the auditors participated in the extensive grinding drafts and associated connection to Enron. Students were asked to act as consultants to the crisis management Andersen General Manager Joe Berardino. (C) of body parts after the collapse of Andersen prosecution and conviction on charges of obstructing justice in the case of Enron. His conviction was later overturned by the Supreme Court of the United States on narrow technical grounds, but by the time Andersen has ceased to exist, eighty-nine years after Arthur E. Andersen took over a small accounting firm in Chicago. Students can focus on the impact of media on reputational crisis. "Hide
by Daniel Diermeier, Robert J. Crawford, Charlotte Snyder Source: Kellogg School Management 11 pages. Publication Date: October 10, 2011. Prod. #: KEL558-PDF-ENG
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