Who we are
Arthur Andersen is a firm with over one hundred years of experience that brings forth a limitless amount of expertise and knowledge throughout their global network. They pride themselves on producing only the best of results across all audit, advisory, risk management, business consulting, tax, legal, and other related services to their eclectic clientele.
Arthur Andersen & Co. is the coordinating entity under which all Arthur Andersen member firms and their staffs made up of thousands of exceptionally talented individuals operate around the globe. Every Arthur Andersen office is a legally independent member firm providing services in their respective country.
A History unlike any other, from humble beginnings…
Our founder, Arthur E. Andersen, built our prestigious firm from the most humble beginnings. Orphaned at just sixteen; Mr. Andersen worked by day as a mail boy and attended school at night, becoming a Certified Public Accountant at only 23 years old, making him the youngest CPA in Illinois at the time. Our firm was initially founded in 1913 as Andersen, DeLaney & Co. becoming Arthur Andersen & Co. in 1918. Mr. Andersen continued to head the firm until his death in 1947 at which it had become one of the world's largest accountancies.
May, 31st 2005: ARTHUR ANDERSEN CONVICTION OVERTUNED, AN UNANIMOUS AND EXTREMLY RARE DECISION: Arthur Andersen LLP v. United States, 544 U.S. 696 (2005) was a United States Supreme Court case in which the Court unanimously (9 votes in favor and 0 against, a rare unanimity of the judges of the Supreme Court of the United States of America) overturned accounting firm Arthur Andersen's conviction of obstruction of justice in the fraudulent activities and subsequent collapse of Enron, on the basis that the jury instructions did not properly portray the law.
Today Arthur Andersen continues to uphold the same time-honored principles instituted from our founding; including the steadfast following of our motto “Think Straight, Talk Straight” for over 100 years.
Our Core Values
ETHICS, HONESTY, AND INTEGRITY – Since our founding in 1913 Arthur Andersen has been committed to the highest quality standards in the professional service industry. Mr. Andersen was a zealous supporter of high standards. A stickler for honesty, he argued that the accountant's responsibility is to the investors, not their clients’ management. During our early years, Mr. Andersen was approached by an executive from a local rail utility to sign off on accounts containing flawed accounting, or else face a loss of a major client. Mr. Andersen refused in no uncertain terms, replying that there was “not enough money in the city of Chicago” to make him do it. That day we may have lost a client, but we built the foundation of a firm for the future that would become a world leader in ethics.
At Andersen the best in never enough, we strive to be the very best in everything that we do. Whether that is solving our clients most intriguing challenges, or to improve society as a whole, or to create leaders from within our firm or the organizations that we work with.
This is the true value of Arthur Andersen, not how many clients we have, but rather, how much of a difference we can make in the world – whether that is contributing a studies in business ethics program to leading universities or building the school of the future in Alameda county.
Each of Arthur Andersen's offices is a member firm structured as an independent legal entity in consonance with custom practices, national laws, systematize management, and further determinant fundamentals. This can also act as a safeguard to the groundwork of professional services within its domain by means of affiliates, members, and other similarly associated entities. Not all Arthur Andersen offices offer every service, and specific services can not be authorized to substantiate clients underneath explicit regulations and guidelines of public accounting.
Each Arthur Andersen member firm is constitutionally detached and self-sufficiently independent entities that do not require one another to operate efficiently. Arthur Andersen and each of their member firms are accountable for only their own performance and any oversight or inadvertency they incur, and not that of each other.