Is arthur andersen still in business

Arthur E. Andersen

Accountant firm founder

Arthur Edward Andersen (May 30, 1885 – January 10, 1947) was an American accountant who was the founder of the accounting firm Arthur Andersen LLP (now Accenture).[1]

Biography

Arthur Edward Andersen was born in Plano, Illinois, in 1885 , to parents Johan Wilhelm (John William) Andersen and Marie (Mary) Kathinka Andersen (née Aabye), who had immigrated to the United States from Drammen, Norway, in 1881; his mother had been born in Thisted, Denmark.[2] Andersen was left on his own at the age of 16 after the death of his parents in 1901. In 1908, after attending courses at night while working full-time, he graduated from the Kellogg School at Northwestern University with a bachelor's degree in business.[3]

He worked during the day as a mailboy and attended school at night. Eventually he was hired as the assistant to the controller of Allis-Chalmers in Chicago, where he became intrigued with the work of independent public accountants. He became a Certified Public Accountant (CPA) in Illinois in

Andersen, Arthur

(1885-1947)
Andersen Worldwide

Overview

Arthur Andersen was the founder and senior partner of Arthur Andersen and Company, now the second largest of the Big Five accounting firms. His Chicago-based firm offered a full range of financial services including auditing, tax services, and specialty consulting in areas such as technology applications. Andersen established the company's focus on maintaining a strong organization through training, effective corporate policies, and a strong understanding of economics and business trends.

Personal Life

John William and Mary Aabye Andersen, Arthur Andersen's parents, immigrated to the United States from Norway in 1881. Arthur Edward Andersen was born on May 30, 1885, in Plano, Illinois. He became the youngest certified public accountant in Illinois when, at the age of 23, he earned his degree from Illinois University in 1908. He went on to receive a B.B.A. from Northwestern University in 1917. Andersen married Emma Arnold on August 8, 1906 in her hometown of Chicago. The Andersens had three children: Ethyl Bernice, Arth

Arthur Andersen

1913–2002 American accounting firm

This article is about the company. For its founder, see Arthur E. Andersen. For the U.S. Supreme Court case, see Arthur Andersen LLP v. United States. For the songwriter and composer, see Arthur Olaf Andersen.

Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corporations and was one of the "Big Five" accounting firms (along with Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers). The firm collapsed by mid-2002, as details of its questionable accounting practices for energy company Enron and telecommunications company WorldCom were revealed amid the two high-profile bankruptcies. The scandals were a factor in the enactment of the Sarbanes–Oxley Act of 2002.

History

Founding

Main article: Arthur E. Andersen

Born on May 30, 1885, in Plano, Illinois, and orphaned at the age of 16, Arthur E. Andersen began wo

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