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Whom Shall We Trust? Clark Dean Richey

Whom Shall We Trust?

Clark Dean Richey

Published
ISBN : 9781413735024
Paperback
202 pages
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 About the Book 

Enron, Sunbeam, Waste Management and then World Com. Major players in the worlds economy. Their auditor, Arthur Andersen, (AA), one of the largest international accounting firms in the world indicted for fraud, is now defunct. Should we blame theMoreEnron, Sunbeam, Waste Management and then World Com. Major players in the worlds economy. Their auditor, Arthur Andersen, (AA), one of the largest international accounting firms in the world indicted for fraud, is now defunct. Should we blame the near collapse of the stock market, the destruction of the life savings of millions of Americans, and the loss of thousands of jobs on the failure of AA to fulfill its professional responsibility? Who are these few huge international partnerships? How big are they? How much do their partners make? How did they get so huge and can we trust them to monitor our capitalist system? The author is in a position to address these questions. He was a partner for over twenty years with a major competitor of AA-KPMG, the firm that absorbed a major portion of the AA partnership after its collapse.