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Well, EY started as part of Andressen (?) and was as such part of the Enron scandal. We shouldn't ignore the scandal of the century. EY so is a very reputable a
by hef19898 4y ago
Well, EY started as part of Andressen (?) and was as such part of the Enron scandal. We shouldn't ignore the scandal of the century. EY so is a very reputable accounting firm. Unreputable would be the Metaverse headquartered shop FTX used.
- deleted 4y ago[deleted]
- tim-- 4y agoYou might be thinking of Accenture, which was founded from the ashes of Andersen Consulting. Andressen is one half of Andreessen Horowitz (a16z) which (I think?) doesn't have any connection to Enron.
- Zafira 4y agoAccenture is Andersen Consulting. It left and changed its name to Accenture because of internal infighting and politics prior to the Enron scandal that took down Andersen entirely.
- bayouborne 4y agoThe name Accenture was also chosen because they were able to keep using Andersen Consulting's existing ac.com domain w/o interruption.
- er4hn 4y agoThe OP is thinking of "Arthur Andersen", the accounting firm that serviced both Enron and Worldcom. The first paragraph of Wikipedia cites the scandals as factors in enacting SOX (src: https://en.wikipedia.org/wiki/Arthur_Andersen https://en.wikipedia.org/wiki/Arthur_Andersen)
- cgeier 4y agoIt wasn't, it was spun out before Enron.