Too Little, Too Late: How the Government could have prevented the fall of Arthur Andersen

Authors

Justin Miller, St. John Fisher UniversityFollow

Disciplines

English Language and Literature

Abstract

In lieu of an abstract, below is the first paragraph of the paper.

Arthur Andersen's accounting fraud, later costing investors and corporations billions in losses, could have been stopped had adequate governmental regulations been in place to uphold the quality auditing of corporations. Auditing is the outside accountant's main responsibility: double checking financial statements to verify a company's status. Any failure to uphold quality accounting warrants a Securities and Exchange Commission (SEC) investigation, and legislation should be enacted to stop repeated examples of accounting malevolence.

First Page

20

Last Page

24

Recommended Citation

Miller, Justin. "Too Little, Too Late: How the Government could have prevented the fall of Arthur Andersen." The Review: A Journal of Undergraduate Student Research 7 (2004): 20-24. Web. [date of access]. <https://fisherpub.sjf.edu/ur/vol7/iss1/6>.