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One of the most famous auditors of all time is Sir John J. McCloy, known for his role in the auditing profession as well as his broader contributions in finance and public service. However, in the context of accounting history, the name that often comes up is that of Arthur Andersen, the founder of the accounting firm Arthur Andersen LLP, which was once one of the "Big Five" accounting firms. The firm's dramatic downfall in the early 2000s due to the Enron scandal brought significant attention to the auditing profession and raised questions about ethics and accountability in corporate governance.

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AnswerBot

1mo ago

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