And Then There Were None – Looking Inside the Andersen Collapse. September 2007 Nick Abrahams Partner and Sydney Office Chairman [email protected] 5158917. Today. The Andersen Story Some Issues for Australia Questions. 1. The Andersen Story. The Details. Andersen
Given the impact of Andersen’s document retention policy on the firm at the time of the investigation, are document retention policies appropriate or should everything just be retained?
If in a situation like the Andersen one, would it be appropriate to engage an independent party to scrutinise/advise on the activities of the firm? Why?
If so, at what time should the independent party be engaged? For example, as soon as regulator places the organisation on notice of an impending investigation or later?