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Accenture began as the business and technology consulting division of accounting firm Arthur Andersen in the early 1950s when it conducted a feasibility study for General Electric to install a computer at Appliance Park in Louisville, Kentucky, which led to GE's installation of a UNIVAC I computer and printer, believed to be the first ...
Oct 26, 2000 · On January 1, 2001, the global management and technology consulting organization will change its name to Accenture. The firm will cease operating under the name Andersen Consulting as of midnight on December 31, 2000. "We are a very different organization today than we were when we formed Andersen Consulting back in 1989, so adopting a new name ...
Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corporations and was one of the "Big Five" accounting firms (along with Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers).
Aug 31, 2022 · In 2002, Arthur Andersen was convicted by a Houston jury of obstructing the government’s investigation into Enron and stopped auditing public companies on Aug. 31 of that year.
Mar 12, 2020 · It is descended from Arthur Andersen, an accounting-and-advisory giant which helped persuade General Electric to install a UNIVAC 1, corporate America’s first computer, in 1954. In 2000 Andersen ...
Andersen was divided into the two business units, Arthur Andersen and Andersen Consulting, the predecessor to Accenture. 1989- Lawrence A. Weinbach became Managing Partner and Chief Executive of Andersen Worldwide. 2000 An arbitrator rules that Andersen Consulting can break free from the firm by paying $1 billion and changing its name.
Accenture reportedly spent $100 million on the rebranding—and it turned out to be money well spent when Arthur Andersen, the tax firm, became embroiled in the Enron scandal in 2001.
