
If you're into corporate scandals, ethics, or just love a good business downfall story, 'Final Accounting: Ambition, Greed and the Fall of Arthur Andersen' is a must-read. The book provides a gripping account of how one of the most respected accounting firms crumbled under its own weight.
What stands out is the detailed analysis of the Anderson/Accenture split. The author doesn't just skim the surface; she digs deep into how internal conflicts and greed led to the firm's eventual collapse. It's fascinating yet heartbreaking to see how far ethical standards had fallen in just five years.
The book isn't just for accountants or former employees. Anyone interested in corporate governance and ethics will find it eye-opening. However, be prepared for some tedious sections—it's not exactly a light read. The author's tone can come off as self-righteous at times, which might rub some readers the wrong way.
One of the most telling parts is where managers admit their primary responsibility was to please the partner, not the public or even the client. This highlights a systemic issue that goes beyond just Arthur Andersen—it's a cautionary tale for any large firm prioritizing profits over principles.
Overall, 'Final Accounting' is a well-researched, if somewhat dense, exploration of corporate failure. It’s a stark reminder of what happens when ethics take a backseat to ambition and greed.
