According to an SEC filing the Chicago-based firm has been dropped and replaced by Big Five competitor Deloitte & Touche, the first major client to leave the firm since the Enron debacle began.
The filing stated the change was recommended by the hotel group’s management, but declined to specify a reason for the switch. Hard Rock took on Andersen in April 2001.
The blow comes as reports have today suggested top UK Andersen executives may be on the verge of moving on in light of Enron scandal.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned