The US Supreme Court today overturned the conviction of the Arthur Andersen accounting firm for destroying Enron Corp-related documents before the energy giant’s collapse.

Liz Hurley and David Frost were among seven celebrities named goodwill ambassadors for the Hans Christian Andersen bi-centennial celebrations.

BANK OF IRELAND will move to appoint a successor to Michael Soden as early as this week, but the vacancy left by former Aer Lingus chairman Tom Mulcahy will remain unfilled until later in the summer.

Almost one in five FTSE 100 companies are audited by the “old firm” of a board director, lending weight to accusations that a cosy relationship exists between some businesses and their accountants.

Andersen Worldwide SC, the international umbrella organisation of auditing firm Arthur Andersen LLP, has agreed to pay $40m to settle lawsuits from Enron investors and employees.

A former top executive in bankrupt energy giant Enron’s finance division today admitted money laundering and wire fraud when he appeared in a Texas court.

A LEGAL watchdog group said yesterday that it was suing Vice-President Dick Cheney and Halliburton Co, the oil services company he ran for five years, alleging fraudulent accounting practices at the company.

INVOKING his Fifth Amendment right, WorldCom's former chairman refused to answer questions yesterday from a congressional panel investigating nearly $4 billion in accounting irregularities at the telecommunications giant.

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.

WorldCom's €5.53bn accounting scandal could be the "tip of the iceberg," an expert in commercial fraud litigation has suggested.

An investigation by US telecommunications giant WorldCom’s board of directors uncovered nearly $3.8bn (€3.83bn) in improperly booked expenses, the company said, revealing what appears to be among the largest cases ever of accounting fraud.

Former Big Five accounting firm Arthur Andersen LLP was convicted of obstructing justice by destroying tonnes of documents related to its former client, Enron Corp.

Arthur Andersen was convicted today of obstruction of justice by shredding Enron-related documents.

The judge in the Arthur Andersen trial, in a boost for prosecutors, told the deadlocked jury it could reach a consensus on guilt even if members were divided over the identity of the so-called "corrupt persuader."

The Texas jury in its seventh day of deliberating Arthur Andersen LLP’s obstruction of justice trial has said that it is deadlocked.

Andersen UK's corporate recovery practice is to join forces with rival Ernst & Young.

Arthur Andersen has been refused permission to have its trial on criminal obstruction charges for shredding tons of Enron documents delayed.

The Arthur Andersen auditor who oversaw Enron's books has pleaded guilty in the US to ordering the shredding of Enron documents.

A senior Arthur Andersen auditor today pleaded guilty to a criminal obstruction charge, acknowledging that he persuaded co-workers and others to shred documents to thwart the US government’s investigation into the collapse of energy giant Enron.

Arthur Andersen LLP announced plans to lay off 7,000 employees yesterday, and analysts said that if it survives the Enron scandal, it will be as a shadow of its former self.

Accountancy giant Arthur Andersen which is embroiled in the Enron bankruptcy scandal is laying off about 7,000 US employees over the next few months

Arthur Andersen Middle East said its partners agreed to merge their practice with PricewaterhouseCoopers.

The chairman of Andersen Worldwide’s Board of Partners took over as acting chief executive today to try to manage an orderly dismemberment of the crisis-ridden company’s non-US operations.

Andersen Worldwide has appointed Aldo Cardoso as acting chief executive.

Accounting firms Andersen and KPMG have scrapped plans to merge their non-US businesses, saying such a deal was not achievable, it was announced today.

Andersen Worldwide's Singapore operation is in merger talks with Ernst & Young, according to a spokesman for the company.

Andersen is poised to cut up to 6,000 US jobs, according to reports.

Arthur Andersen chief executive Joseph Berardino has resigned.

Arthur Andersen LLP's Canadian division says it is in merger talks with accounting firm KPMG LLP.

Andersen and KPMG are on collision course with regulators after revealing details of a proposed tie-up.

The exodus of blue-chip clients from Arthur Andersen is continuing, sparking increased concern that the end might be near for the US auditing giant.

Arthur Andersen's chief executive says his firm will fight charges that it obstructed justice in relation to the collapse of Enron.

The US government has charged the Arthur Andersen accounting firm with obstructing justice by shredding documents and deleting computer files about the collapsed energy giant Enron.

A US federal grand jury today indicted the Arthur Andersen accounting firm in the Enron scandal, the first criminal charges in the biggest bankruptcy in the US.

Arthur Andersen, damaged by its connections to bankrupt client Enron Corp, is talking with Big Five accounting firm Deloitte & Touche Tohmatsu about selling some or all of its operations, according to reports.

United States government prosecutors have warned accounting giant Arthur Andersen it faces criminal charges over the Enron scandal, it emerged today.

Bankrupt US energy giant, Enron, is investigating the reported destruction of documents that allegedly took place at its Houston headquarters after the federal government began investigating the company, a lawyer for the company said.

The Arthur Andersen auditor fired for destroying Enron documents says he was just following the advice of the firm's lawyers.

The auditor sacked following the collapse of Enron denies any wrongdoing.

Andersen, one of Ireland’s leading professional services firms, has launched its Technology Business Roadmap Series.

Beleaguered energy company Enron has filed for Chapter 11 bankruptcy protection in the US, the firm said.