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Arthur Andersen became involved in many scandals with the largest being that of Enron Incorporated. Poor decision making by upper management and issues with ethics caused a rapid decline in the firm’s reputation.
“Arthur Andersen himself originally built his business by putting reputation over profit” (Brown, K. & Dugan, I., 2002, para. 7). He invested his life into his business and worked very hard to give his company the honest and trustworthy reputation it earned. “Andersen was considered one of the top five accounting firms in the world. It had built its reputation on high-quality work by skilled, dedicated people” (Squires, S...
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