Arthur E. Andersen
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| Arthur Edward Andersen | |
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| Born | May 30, 1885 Plano, Illinois |
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| Died | January 10, 1947 (aged 61) |
| Nationality | American |
| Fields | Accounting |
Arthur E. Andersen (1885-1947) was a founder of the accounting firm Arthur Andersen. He was known for his leadership on matters of integrity.
The son of a Norwegian immigrant, Andersen was left on his own at the age of 16 after the death of his parents. He worked during the day as a mailboy and attended school at night. Eventually he was hired as the assistant to the controller of Allis-Chalmers in Chicago where he became intrigued with the work of independent public accountants. He became a Certified Public Accountant in Illinois in 1908, and was then the youngest CPA in the state. In 1917, after attending courses at night while working full time, he graduated from the Kellogg School at Northwestern University with a bachelor's degree in business.
In 1913, with Clarence Delaney, he bought out a firm named The Audit Company of Illinois to form Andersen, Delaney & Co which became Arthur Andersen & Co. in 1918.
Among other awards, in 1940 he was awarded the Norwegian Knight Commander's Cross of the Royal Order of St. Olav.[1]
He died in 1947. At the time, Arthur Andersen was one of the largest accounting firms in the world.
He was named to the Accounting Hall of Fame in 1953.
[edit] Notes
- ^ Accounting Hall of Fame biography
[edit] Sources
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