Andersen/Enron Affair Precipitates "Big Five" Divorces
P.J. Jakovljevic - February 20, 2002

Event Summary

In early February, while the public was riveted to TV broadcasts by congressional inquiries into <b>Enron</b> and while many former Enron executives and Andersen partners resorted to the safe heaven of the Fifth Amendment, behind the scene, the entire accounting industry was left grappling with an unparalleled array of challenges. Pressure has mounted on the accounting and consulting services industries to reform their practices following the collapse of Enron and the subsequent speculations about the role of its auditor, <b>Arthur Andersen</b>...