Friday, August 30, 2002

Last Task at Andersen: Turning Out the Lights "The only significant, certain revenue source for Andersen in the future will come from its onetime sister consulting firm, now known as Accenture, which was separated from Andersen by an arbitrator's decision two years ago. Partners on the consulting side did not want to share profits with their less-profitable accountant brethren. ... Accenture now has more than three years left on a five-year contract to send more than 10,000 employees each year to what is called Andersen University, the Andersen training campus in St. Charles, Ill. A spokeswoman for Accenture did not disclose the value of the contract."
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