TS: We are not accountants
The Big Five are a sensitive lot when it comes to being called accountants. These days they all want to be called 'professional services groups' and the like.
Andersen seems particularly sensitive. Approached by this publication over an accountancy issue, a spokeswoman said: ‘We don’t like to call ourselves an accountancy firm anymore.’
Fine. Andersen no doubt does all sorts of exciting things.
But accounting expertise is still important, as the firm no doubt realised following the trouble over its audit of accounting-error hit condom producer SSL International.