All the arthur anderson type book keeping is over for companies who have to collect & report sales tax. If they lie about earnings, it will cost them in tax revenue so....will they continue to inflate earnings to keep fund mgrs on board???
First off, It's Arthur Andersen and during my tenure as an underwriter in the 1990's, did a brief stint at Accenture, only a small percentage of the company was corrupt. Take eBay today... they are doing the same things that brought Andersen and Enron down. Creative books, smoke and mirrors and a whole lot of pumping and dumping by executives.
It's only a matter of time before eBay goes down and CEO John Donahoe ends up in federal prison. $28 million in compensation in 2012 is a red flag this guy is up to no good but, those who fail to study the past are doomed to repeat it.