Former Andersen partner who audited WorldCom says co kept entries hidden
Mel Dick, the engagement partner responsible for Arthur Andersen LLP's audit of troubled telecommunications company WorldCom Inc, said he had no knowledge that senior WorldCom executives were allegedly manipulating its accounts to boost profits.
In remarks prepared for testimony before the House Financial Services Committee, Dick said: "In performing our work, we relied on the integrity and professionalism of WorldCom's senior management, including Scott Sullivan, WorldCom CFO and David Myers, WorldCom controller, and their staff."