Nobody downloaded yet

Arthur Andersen LLP - Case Study Example

Comments (0) Cite this document
Summary
Development of computerized bookkeeping by the organization is another environmental change that shaped its operation because it was the pioneer. Another significant environmental factor in the organization’s life is the internal wrangles that led to its disintegration into two separate firms (Learning Ace n.p.). …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
Arthur Andersen LLP
Read TextPreview

Extract of sample "Arthur Andersen LLP"

Download file to see previous pages Strategic changes that occurred in the organization’s life include development of a reputable character that established it in the accounting and auditing market. Later changes that suggest unethical practices such as collaboration with Enron’s accountants however transformed Andersen to its downturn and collapse. Application of soft strategies is another change that occurred in the organization’s life. Conflict between departments into integration also identifies strategic change in the company’s environment.
Organizational changes that Andersen realized are change from a centralized management to a disintegrated organization with independent managerial authority at branch level. Administrative policies for higher profits and lower costs are another organizational change in the organization and identified punitive reward and punitive measures depending on an employee’s level of success. Expansion to new areas of specialization and a shift form ethical values are other organizational changes that are evident from the organization’s life.
Evaluation of Andersen’s claim that their problems on the Enron audit were due to a few bad partners
Anderson’s claim that its problems were caused by a few bad partners is not valid. This is because the problem was a culmination of bad decisions that failed to resolve the organization’s problems such as need to maximize profits. The decision to set high targets for employees and punish in case of failure to meet the target is an example of causes of the problem because it forced the employees to explore all possible alternatives to avoiding the punishments. Integrating Enron’s accounting personnel into the organization is another indicator the management was aware of the practices at Enron because it never reacted. Duncan’s decision to move Enron’s $ 30 million ao a $ 50 million account is another indicator that Anderson was aware of a malicious practice because it took no action against the bad decision. If the problem had been a few individual then the organization could have been moved to correct malpractices before the final fall. 3. Possible actions as the Andersen’s managing partner in the early 1990s If I were a managing partner at the time, I would have preferred a different strategy. I would have explored a branding strategy towards retaining the organization’s existing clients and for attracting more clients. Developing on the already popular brand of quality services that are based on integrity would be my basis. Increased number of clients towards higher cumulative profit margins, even at lower margins, would then help the organization into a more competitive competition. This would at the same time care for employee’s interest in their income and job security and maintain an ethical culture. 4. Relationship between what happened at Andersen ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Arthur Andersen LLP Case Study Example | Topics and Well Written Essays - 1250 words”, n.d.)
Arthur Andersen LLP Case Study Example | Topics and Well Written Essays - 1250 words. Retrieved from https://studentshare.org/macro-microeconomics/1493121-arthur-andersen-llp
(Arthur Andersen LLP Case Study Example | Topics and Well Written Essays - 1250 Words)
Arthur Andersen LLP Case Study Example | Topics and Well Written Essays - 1250 Words. https://studentshare.org/macro-microeconomics/1493121-arthur-andersen-llp.
“Arthur Andersen LLP Case Study Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/macro-microeconomics/1493121-arthur-andersen-llp.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Arthur Andersen LLP

Arthur Miller

...?RUNNING HEAD: RESEARCH PAPER ON AUTHUR MILLER Research Paper on Authur Miller Research Paper on Authur Miller Born in Harlem New York, in 1915, Arthur Asher Miller lived his life to the fullest becoming a well renowned playwright and scriptwriter. Miller did not grow up with a silver spoon in his mouth. He graduated from High school qualifying for enrollment in college. He had to work for his college tuition after his father’s business went under in 1929 following the fall of Wall Street. From this, he learnt the value of hard work. As a student in the University of Michigan, Miller pursued journalism as his major but soon changed it to English. This change opened the doors for him as a playwright. During his time in...
4 Pages(1000 words)Research Paper

Arthur Miller

...?Arthur Miller Arthur Miller was one of the leading American playwrights of the twentieth century. He was born in October 1915 in New York to a women's clothing manufacturer, who lost everything in the economic collapse of the 1930s. Living through young adulthood during the Great Depression, Miller was shaped by the poverty that surrounded him. The Depression demonstrated to the playwright the fragility and vulnerability of human existence in the modern era. After graduating from high school, Miller worked in a warehouse so that he could earn enough money to attend the University of Michigan, where he began to write plays. Miller's first play to make it to Broadway, The Man Who Had All the Luck (1944),...
6 Pages(1500 words)Research Paper

Managerial Economics and Organizational Architecture-ARTHUR ANDERSEN LLP

...?Running head: Managerial Economics and Organizational Architecture ARTHUR ANDERSEN LLP Insert Insert Insert 24 June 2011 Case study: ARTHUR ANDERSEN LLP Discuss the environmental, strategic, and organizational changes that occurred over the life of Andersen in the context of Figure 11.1 In 1930s, due to the change in regulatory measures that required companies submission of their financial statements annually, Andersen’ firm was effective in “promoting its good service, quality audits, well managed staff, and profit for the firm” (capstone case study, pp 554). Thereafter, around the 1980s,...
7 Pages(1750 words)Case Study

The Case of Enron and Arthur Andersen

...? The Case of Enron and Arthur Andersen Introduction From a moral standpoint, the massive greed, lack of ethics and collusion among the auditors, company officials, legal counsel engaged, investment firms and bankers of Enron, the greatest losers were shareholders, creditors and employees of the company. No amount of regulation would have been able to shelter these groups of people from the dealings that went on behind closed doors in the company. The financial losses that shareholders and employees who had their pension funds invested in the company underwent did not end up in profit for the company. The greed that was evident did not benefit any one party at all. When the company shares lost ground in...
6 Pages(1500 words)Essay

ANDERSEN HOLDINGS PRIVATE HEALTHCARE1

...forces 12 Porter’s Generic Strategies 14 Conclusion 14 References 15 Introduction Andersen Holdings Private Healthcare is a company that focuses on the healthcare service business. The company has a wide international presence and has adopted several strategies that would put the company at a position of competitive advantage compared to the other companies operating in the same sector. The healthcare services that the company provides are delivered in an integrated framework which in instrumental in reaching the company to various market segments. Concept of Marketing for Andersen Holdings Private Healthcare Prior to the analysis of the options available for Anderson Healthcare as well as the possible...
11 Pages(2750 words)Essay

King arthur

...King Arthur and the Knights of the Round Table Despite the lack of conclusive evidence regarding their actual existence, it is undeniable that King Arthur and the Knights of the Round Table have greatly influenced and inspired people across the ages. The adventures and gallantries of these remarkable characters have served as theme for myriad forms of literature which we continue to enjoy hitherto. This paper provides an overview of the Arthurian legend. Moreover, it discusses the pursuits of Arthur and the chivalrous Knights of the Round Table as well as the ongoing debates among scholars about their historical authenticity. Overview of the Arthurian Legend Arthur...
4 Pages(1000 words)Essay

Arthur Andersen

...Running Head Arthur Andersen Arthur Andersen Arthur Andersen was one of the well-known accounting firms in the USA> In this company, planning isbased on unique strategic perspective and goals of the accounting profession and future goals of the company. Within Arthur Andersen, the purpose of planning is to provide management with a framework in which decisions can be made which will have an impact on the organization. A conscious effort to systematize the effort and to manage its evolution is preferable to an unmanaged and haphazard evolution. For Arthur Andersen, the...
5 Pages(1250 words)Essay

Andersen LLP: Questionable Accounting Practices

...Abstract Arthur Andersen LLP, one of the five famous accounting firms lasted in business from 1913 to the end-of August 2002. The downfall of the firm was brought about by collective effects of, a number of clients going bankrupt (or closer to it) and ensuing doubts about the credibility of the relevant audits conducted by the Arthur Andersen LLP. Three questions have been answered to the best of my ability. Questions and Answers Question No. 1 Describe the legal and ethical issues surrounding Andersen’s auditing of companies accused of accounting improprieties? Answer : Legal and Ethical issues: Auditing of companies by AndersenArthur Andersen LLP was a well-known Chicago based accounting firm. The firm started the business... of...
7 Pages(1750 words)Essay

H.C Andersen and Romanticism

...H. C. Andersen and Romanticism By H. C. Andersen and Romanticism The era of Romanticism in the nineteenth century saw literature experience a shift of its focus from faith in reason to faith in senses, feelings, and imaginations. Romanticism focuses on feelings as well as the relationship one has with the natural world. Before Romanticism, most writers of literature were more concentrated on scientific writing and advancement of society. Romanticism mainly was opposed to the emphasis on reason, intellect, logic, and subjectivity. Romanticism sought to promote the values of communal consciousness and the belonging to a great whole of nature. What follows is an analysis of the social background at the time...
5 Pages(1250 words)Essay

Arthur Andersen after Enron Scandal

...Arthur Andersen after Enron Scandal The main purpose of this paper is to analyze the Arthur Company in Chicago looking at its progression and the challenges it faced. Arthur Andersen Company is one of the pioneering firms in the field of accounting founded in the year 1913 by Arthur Andersen, a professor in the Northwestern University, together with his partner, Clarence DeLany. Upon inception, there were six employees and two partners who attended to customers with problems in accounting and the new income taxes that were imposed in the federal state. Andersen opened six other offices in the country...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Arthur Andersen LLP for FREE!

Contact Us