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'''Arthur E. Andersen''' (1885-1947) was a founder of the accounting firm [[Arthur Andersen]]. He was known for his leadership on matters of integrity.
'''Arthur E. Andersen''' ( May 30, 1885 - January 10, 1947) was a founder of the accounting firm [[Arthur Andersen]]. He was known for his leadership on matters of integrity.


The son of a Norwegian immigrant, Andersen was left on his own at the age of 16 after the death of his parents. He worked during the day as a mailboy and attended school at night. Eventually he was hired as the assistant to the [[Comptroller|controller]] of Allis-Chalmers in Chicago where he became intrigued with the work of independent public accountants. He became a [[Certified Public Accountant]] in Illinois in 1908, and was then the youngest CPA in the state. In 1917, after attending courses at night while working full time, he graduated from the Kellogg School at [[Northwestern University]] with a bachelor's degree in business.
Andersen was born in [[Plano, Illinois]], son of immigrants from [[Norway]] and [[Denmark]], John William and Mary Aabye Andersen. Andersen was left on his own at the age of 16 after the death of his parents. He was graduated from Atheneum High School, Chicago, in 1903. In 1917, after attending courses at night while working full time, he graduated from the Kellogg School at [[Northwestern University]] with a bachelor's degree in business. Honorary Doctor of Laws degrees were conferred upon him by [[Luther College]] in 1938, and by [[Northwestern University]], [[Grinnell College]] and [[St. Olaf College]] in 1941.


In 1913, with Clarence Delaney, he bought out a firm named The Audit Company of Illinois to form Andersen, Delaney & Co which became Arthur Andersen & Co. in 1918.
He worked during the day as a mailboy and attended school at night. Eventually he was hired as the assistant to the [[Comptroller|controller]] of [[Allis-Chalmers]] in Chicago where he became intrigued with the work of independent public accountants. He became a [[Certified Public Accountant]] in Illinois in 1908, and was then the youngest CPA in the state. In 1913, with Clarence Delaney, he bought out a firm named The Audit Company of Illinois to form Andersen, Delaney & Co which became Arthur Andersen & Co. in 1918.<ref>''Inside Arthur Andersen: Shifting Values, Unexpected Consequences''(by Lorna McDougall, Cynthia J. Smith, Susan E. Squires, William R. Yeack. Financial Times Prentice Hall. 2003)</ref>


Among other awards, in 1940 he was awarded the Norwegian [[Royal Norwegian Order of St. Olav|Knight Commander's Cross of the Royal Order of St. Olav]].<ref>Accounting Hall of Fame biography</ref>
Among other awards, in 1940 he was awarded the Norwegian [[Royal Norwegian Order of St. Olav|Knight Commander's Cross of the Royal Order of St. Olav]]. He was named to the [[Accounting Hall of Fame]] in 1953. At the time of his death, Arthur Andersen was one of the largest accounting firms in the world. Northwestern University dedicated Arthur Andersen Hall in 1979 to commemorate his life.<ref>Fisher College of Business, Accounting Hall of Fame biography</ref><ref> {{cite web|url=http://www.anbhf.org/pdf/moore_crampton.pdf |title=Arthur Anderson: Challenging the Status Quo |accessdate=2008-09-04 |last=Moore |first=Mary Virginia |coauthors=John Crampton }}</ref>

He died in 1947. At the time, Arthur Andersen was one of the largest accounting firms in the world.

He was named to the [[Accounting Hall of Fame]] in 1953.

Northwestern University dedicated Arthur Andersen Hall in 1979 to commemorate his life.<ref> {{cite web|url=http://www.anbhf.org/pdf/moore_crampton.pdf |title=Arthur Anderson: Challenging the Status Quo |accessdate=2008-09-04 |last=Moore |first=Mary Virginia |coauthors=John Crampton }}</ref>


==Selected Works==
*''Complete Accounting Course'' (1917)
*''Financial and Industrial Investigations'' (1924)
*''The Major Problem Created by the Machine Age'' (1931)
*''Duties and Responsibilities of the Comptroller'' (1934)
*''The Future of our Economic System'' (1934)
*''Present Day Problems Affecting the Presentation and Interpretation of Financial Statements'' (1935)
*''A Layman Speaks (1941)
== References ==
== References ==
{{reflist}}
{{reflist}}
==Other Sources==

*Spacek, Leonard. ''The Growth of Arthur Andersen & Co. 1928-1973, An Oral History'' (New York: Garland Publishing, Inc. 1989)
==Sources==
==External Links==
*[http://fisher.osu.edu/departments/accounting-and-mis/the-accounting-hall-of-fame/membership-in-hall/arthur-edward-andersen/ Biography at OSU's Accounting Hall of Fame]
*[http://fisher.osu.edu/departments/accounting-and-mis/the-accounting-hall-of-fame/membership-in-hall/arthur-edward-andersen/ Biography at Ohio State University, Accounting Hall of Fame]


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Revision as of 23:31, 9 May 2009

Arthur Edward Andersen
File:ArthurAndersen.jpeg
Born(1885-05-30)May 30, 1885
Plano, Illinois
DiedJanuary 10, 1947(1947-01-10) (aged 61)
NationalityAmerican
Scientific career
FieldsAccounting

Arthur E. Andersen ( May 30, 1885 - January 10, 1947) was a founder of the accounting firm Arthur Andersen. He was known for his leadership on matters of integrity.

Andersen was born in Plano, Illinois, son of immigrants from Norway and Denmark, John William and Mary Aabye Andersen. Andersen was left on his own at the age of 16 after the death of his parents. He was graduated from Atheneum High School, Chicago, in 1903. In 1917, after attending courses at night while working full time, he graduated from the Kellogg School at Northwestern University with a bachelor's degree in business. Honorary Doctor of Laws degrees were conferred upon him by Luther College in 1938, and by Northwestern University, Grinnell College and St. Olaf College in 1941.

He worked during the day as a mailboy and attended school at night. Eventually he was hired as the assistant to the controller of Allis-Chalmers in Chicago where he became intrigued with the work of independent public accountants. He became a Certified Public Accountant in Illinois in 1908, and was then the youngest CPA in the state. In 1913, with Clarence Delaney, he bought out a firm named The Audit Company of Illinois to form Andersen, Delaney & Co which became Arthur Andersen & Co. in 1918.[1]

Among other awards, in 1940 he was awarded the Norwegian Knight Commander's Cross of the Royal Order of St. Olav. He was named to the Accounting Hall of Fame in 1953. At the time of his death, Arthur Andersen was one of the largest accounting firms in the world. Northwestern University dedicated Arthur Andersen Hall in 1979 to commemorate his life.[2][3]

Selected Works

  • Complete Accounting Course (1917)
  • Financial and Industrial Investigations (1924)
  • The Major Problem Created by the Machine Age (1931)
  • Duties and Responsibilities of the Comptroller (1934)
  • The Future of our Economic System (1934)
  • Present Day Problems Affecting the Presentation and Interpretation of Financial Statements (1935)
  • A Layman Speaks (1941)

References

  1. ^ Inside Arthur Andersen: Shifting Values, Unexpected Consequences(by Lorna McDougall, Cynthia J. Smith, Susan E. Squires, William R. Yeack. Financial Times Prentice Hall. 2003)
  2. ^ Fisher College of Business, Accounting Hall of Fame biography
  3. ^ Moore, Mary Virginia. "Arthur Anderson: Challenging the Status Quo" (PDF). Retrieved 2008-09-04. {{cite web}}: Unknown parameter |coauthors= ignored (|author= suggested) (help)

Other Sources

  • Spacek, Leonard. The Growth of Arthur Andersen & Co. 1928-1973, An Oral History (New York: Garland Publishing, Inc. 1989)

External Links