
Final Accounting: Ambition, Greed and the Fall of Arthur Andersen by Barbara Ley Toffler offers a compelling narrative on the disintegration of one of the most respected accounting firms. The book meticulously details how internal conflicts, ethical lapses, and a shift from core values led to its downfall.
Readers find the dissection of the Anderson/Accenture split particularly enlightening. The narrative is enriched by personal anecdotes from former employees who witnessed the firm's golden years and its subsequent decline. The book does not shy away from critiquing the firm's leadership, especially their failure to uphold the ethical standards set by its founder.
However, some readers feel that Toffler's perspective is somewhat biased, as she positions herself as a potential savior of the firm had her advice been heeded. This self-portrayal has been met with mixed reactions, with some appreciating her candidness while others find it self-serving.
Despite these criticisms, Final Accounting is praised for its thorough research and engaging storytelling. It serves as a cautionary tale about the importance of maintaining ethical standards in business practices. This book is highly recommended for anyone interested in corporate ethics, business history, or organizational behavior.
