Arthur Andersen controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2002
Broader audit-failure scrutiny
The Enron case brought renewed attention to Andersen audits involving WorldCom, Waste Management, Sunbeam Products, the Baptist Foundation of Arizona, and Asia Pulp & Paper, among others.
2001
Enron audit and document-destruction scandal
As Enron’s accounting fraud became public, investigators criticized Andersen’s audit work concerning special-purpose entities and related-party transactions. Andersen personnel in Houston also destroyed documents and deleted electronic records after regulatory scrutiny began. The episode led to criminal proceedings, loss of licenses, and the collapse of the firm.