Andersen Worldwide
Andersen Worldwide Société Coopérative (AWSC) was the Switzerland- based holding company for the accounting firm Arthur Andersen and the management consultancy Andersen Consulting (now Accenture ).
history
The holding was founded in 1989 after the division into Arthur Andersen and Andersen Consulting due to delimitation conflicts between the business units of Andersen (auditing and consulting).
The fundamental conflicts of demarcation persisted, however, so that in 1997 the management consultancy Andersen Consulting officially sought to break away from the auditing company Arthur Andersen. In 2000 Andersen Consulting achieved the desired, complete separation of Andersen Worldwide and Arthur Andersen through an arbitration award from the International Chamber of Commerce . As a result of the award, Andersen Consulting changed its name to Accenture on January 1, 2001 .
Individual evidence
- ^ A b c David Leonhardt: Andersen Split Into Two Firms By Arbitrator , New York Times , August 8, 2000
- ↑ Top 10 Worst Corporate Name Changes, We Don't Go by That Anymore - Accent on the Future (aka Accenture) (3/10) Time , February 8, 2010