Talk:Arthur Andersen

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Duplication[edit]

In the "Enron Scandal" section of this article there are these two extracts which pretty-much duplicate one another:

  • Because the U.S. Securities and Exchange Commission will not accept audits from convicted felons, the firm agreed to surrender its CPA licenses and its right to practice before the SEC on August 31, 2002—effectively putting the firm out of business. It had already started winding down its American operations after the indictment, and many of its accountants joined other firms.
  • In 2002, just nine months after the scandal broke, the firm was found guilty of crimes in the auditing of Enron. By that time, Arthur Andersen had lost most of its business and two-thirds of its 28,000 employees, and was facing multi-million dollar lawsuits. On August 31, 2002, the company surrendered its licenses to practice as certified public accountants in the United States, effectively putting the company out of business.

Is there any scope for merging them together, perhaps presenting the section chronologically? AndyJones (talk) 16:00, 18 July 2023 (UTC)[reply]