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Enron Investigation / Accounting / Andersen Auditors #655918

CNN Evening News for Monday, Jan 14, 2002
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(Studio: Aaron Brown) Report introduced.

(Studio: Allan Chernoff) The Enron investigation updated; details given about the August letter to CEO Kenneth Lay from a female employee about an impending wave of accounting scandals and of damage control from the Arthur Andersen accounting firm for its handling of Enron documents. [American Institution of CPAs Alan ANDERSON - says it is illegal to destroy documents.] [On December 12, Andersen chief executive Joseph BERARDINO - says Andersen will have to restore public confidence.] SEC's censuring of KPMG for violating auditor independence rules noted. Accounting practices with inherent conflicts of interest as in the Enron-Andersen case discussed.

Brown, Aaron;
Chernoff, Allan

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