EU – ANDERSEN LATEST
April 1st, 2002
BY ALAN OSBORNTHE EUROPEAN Commission is "continuously monitoring" developments involving the accountancy firm Andersen following the collapse of the proposed merger between the firm's non-American operations and those of KPMG, officials have told Accountancy Age.Brussels is concerned about the implications if Andersen's practices are picked up piecemeal by local or international firms; if parts of Andersen were sold off to other major accountancyfirms on a local basis this "could justify an inquiry" but each case would be judged on its own merits, the official ...
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