Resource Tycoon Reborn

ps: ps: Thank you to the book friends for walking together zou (two pieces), Blood Stone of Blood Killing, Lai Fa Jiao (two pieces), voltage994, Dragon Man ^q^ (two pieces), Purple Blue, Dragon, Peak Stupid Big Man Monthly pass. Thanks to book friend Xiaoyuer62 for the reward. Tomorrow is the last day of this month. Please give me monthly pass and recommendation vote! If you don’t use it, the monthly pass will be scrapped.

Sima Mingren, director of Andersen (Hong Kong), was also at a loss what to do at this time. As a member of Andersen International, the American firm Andersen was involved in the Enron scandal, which caused a huge uproar in the world.

Although so far, the Enron scandal is limited to Arthur Andersen in the United States and has not had any major impact on other Arthur Andersen companies around the world. However, Sima Mingren is very worried and has lost its strong credibility. Arthur Andersen Accounting Affairs So, this client includes Ebot Corporation, American Home Products Company, Italian Mobile Communications Company, Telecom Italia, etc., one of the top five international accounting firms of world-renowned companies, what will the future prospects be like!

As far as he knew, Arthur Andersen of the United States had been auditing Enron since the mid-1980s, and it had been doing so for thirteen or four years. In addition to providing pure financial auditing to Enron, Arthur Andersen of the United States also Provided internal auditing and consulting services to Enron. By the mid-1990s, Arthur Andersen of the United States took over Enron's external auditing and consulting services. Years of cooperation made the two companies somewhat "entangled". Enron Many of its employees are from Andersen, including many senior staff. There are also many directors on the Enron board of directors who have more or less various connections with Andersen.

The scandal exposed by Enron not only put it into a dire situation, but also brought down Arthur Andersen in the United States. The U.S. Securities and Exchange Commission and the U.S. Department of Justice are both investigating this incident, Sima Ming People have a feeling that this time, Arthur Andersen of the United States may be doomed, and even if he does not die, he will have to shed a layer of skin!

Moreover, he is even more worried that at this time, the other four international accounting firms will add insult to injury. They will kick Arthur Andersen in the most difficult time! Just think about it, Arthur Andersen's global revenue last year reached With tens of billions of dollars, you can imagine how much the other four international accounting firms will covet this piece of delicious meat. Even if the four firms are divided equally, each of them can get almost more than 2 billion. US dollars of income, which is equivalent to almost one-quarter to one-fifth of their income last year! Such considerable income, and it occurs every year, is enough to make these four international accounting firms regard Arthur Andersen as an enemy. .

If Arthur Andersen of the United States is really sued by the U.S. Securities and Exchange Commission and the U.S. judicial department, it will not only create a new case in U.S. history, but it is also likely to completely destroy Arthur Andersen of the United States and even the world. Arthur Andersen Company. There is an old Chinese saying that a person cannot be established without trust. Arthur Andersen Accounting Firm relied on the concept of "integrity over profit" to gain public recognition. But now they have destroyed themselves. Can Arthur Andersen, which has lost its golden brand name, lose its integrity and credibility, still be recognized by many companies in various countries around the world? And once these companies leave Arthur Andersen one after another, there will be no customers. Is Arthur Andersen still Arthur Andersen?

Moreover, in Hong Kong, Hong Kong Arthur Andersen does not have an advantage compared with its competitors. Only three of the more than 30 Hang Seng Index companies in Hong Kong are its clients. However, PricewaterhouseCoopers accounting firm has ten

Three Hang Seng Index companies are clients. In terms of market capitalization, the combined number of clients they have is still less than that of KPMG, because it owns HSBC and China Mobile, the two largest companies in Hong Kong by market capitalization.

!

Just thinking about it, if Arthur Andersen of the United States is formally prosecuted by the U.S. judicial department in the future, Sima Mingren feels like a crew member on a ship that has run aground, and may be swept away by the whirlpool caused by the shipwreck at any time.

Drag it to the bottom of the sea. And what does Sima Mingren have to do with the whole thing?

Sima Mingren has joined Arthur Andersen Accounting Firm since the early 1980s. He started as an ordinary intern. After many years of hard work, he became a partner of Arthur Andersen and returned to Hong Kong to establish

He joined Arthur Andersen Accounting Firm in Hong Kong, and this was the culmination of his career that he had worked hard for in the first half of his life!

Although Hong Kong's Arthur Andersen Accounting Firm is inferior to its peers in both its establishment time and its market share, its development speed has been very fast since its establishment, and its achievements have been quite gratifying.

Last year, in terms of per capita income, Hong Kong accounting firm Arthur Andersen ranked first among its peers. Moreover, Hua Xia Bank is preparing for its listing in Hong Kong, and it has invited Hong Kong accounting firm Arthur Andersen as its audit firm. Now it seems that

With a promising future that was about to be destroyed in one day, how could he willingly hang himself on the tree of Arthur Andersen Accounting Firm?

"Boss, the phone number of Boss Xun from Baifusheng Investment Company!" The sweet voice of the secretary interrupted Sima Mingren's thoughts.

"Xun Botao? He's looking for me?" Sima Mingren couldn't help but be a little surprised. Xun Botao is also a famous figure in the Hong Kong securities industry. The Baifusheng Investment Company he heads now has assets of two to three hundred.

A billion-dollar behemoth. It plays a decisive role in Hong Kong's financial and securities industry. Although the two have met several times, Sima Mingren's status in Hong Kong society is far from that of Xun Botao.

Why did Bo Tao suddenly think of looking for him?

The call was indeed from Xun Botao, but it only asked him if he had anything to do in the afternoon. Xun Botao wanted to see him for something. Although he said it in a discussion tone, Sima Mingren knew in his heart that Xun Botao called him personally.

If someone comes to invite someone, how can he open his mouth to refuse it? Even if the Hong Kong leader invites someone, he has to think carefully about who he should reject.

At three o'clock in the afternoon, Sima Mingren appeared in the building of Baifusheng Investment Company as scheduled. Today's Baifusheng Investment Company, compared with the original one, has been completely reborn. It is not only dominating the financial and securities industry in Hong Kong.

, even in mainland China, Japan, Southeast Asia, Australia, and South Korea, it has branches. Its investment projects are spread across all walks of life and have achieved excellent results. Some people in the industry have already called it the "Goldman Sachs of the East."

.And this 68-story building located in Hong Kong's Financial Street is the property of Baifusheng Investment Company, and occupies the top 18 floors.

Led by the staff of Baifusheng Investment Company, Sima Mingren, who was confused, came to Xun Botao's office.

What surprised Sima Mingren was that there was a young man sitting in Xun Botao's office, and looking at Xun Botao and where he was sitting, the young man was actually still in the upper position! And behind the young man,

There was also a pretty young woman sitting, who was probably his secretary. After all, Sima Mingren was a weathered person. Although he was surprised in his heart, he did not show it on the surface.

Seeing him entering, neither Xun Botao nor the young man stood up. Xun Botao waved his hand and said: "Boss Sima, please sit down!"

Sima Mingren followed the direction of Xun Botao's finger and sat on the sofa opposite the young man. He smiled and said: "Boss Xun, long time no see. This boss is..."

"This is Fang Mingyuan, the co-president of Kuok Shipping Group Company and Hong Kong Kumho Film Group. You can call him Mr. Fang!" Xun Botao smiled and said, "Master Fang, he is Sima, the director of Arthur Andersen Accounting Firm in Hong Kong.

Akito!"

Sima Mingren was really shocked. Fang Mingyuan's name was not known to many Hong Kong people. At the age of 20, he became the dual president of Kuok Shipping Group Company and Hong Kong Kumho Film Group. This

In the history of Hong Kong, no one even the well-known rich second generation has achieved this. You must know that these two companies represent the pinnacle of the two industries in Hong Kong. Whether it is company assets or reputation, they are internationally renowned.

They are all famous. Hong Kong Kumho Film Group has become the pride of Hong Kong movies.

"Hello, Mr. Fang!" Sima Mingren quickly stood up and bowed. If there is a big difference in social status between him and Xun Botao, then the social status between him and Fang Mingyuan is just like that between him and the poor people in Hong Kong.

Almost. His little net worth is nothing in front of Kuok Shipping Group Company and Hong Kong Kumho Film Group. Moreover, Sima Mingren also knows very well that the Fang family also owns the Carrefour Group, which is in Hong Kong and Shanghai.

Well-known listed companies listed in both cities. There are also the largest mobile phone manufacturing company in the mainland, the largest DVD production company, the first private oil refinery in the mainland, the first modern private steel plant in the mainland, and now there is even a car manufacturing company.

factory!

"Sit down, Mr. Sima!" Fang Mingyuan waved his hand and said, "Today, I asked Mr. Sima to invite Boss Sima here. Actually, I want to ask Mr. Sima a few questions. The scandal broke out at Enron in the United States, which violated the principle of 'integrity is higher than profit.'

The U.S. accounting firm Arthur Andersen has played an extremely disgraceful role and will face investigation and even prosecution by the U.S. judicial department. As far as I know, Hong Kong's Arthur Andersen Accounting Firm, although not related to the U.S. firm Arthur Andersen,

All belong to Arthur Andersen International, but when Andersen International was founded, it adopted a unique corporate structure based on the Swiss legal system. According to this corporate structure, the relationship between Andersen International and each member company is both

It is not the relationship between a parent company and a subsidiary company as people understand it, nor is it a partnership, but more like a loose network composed of all Andersen member companies and Arthur Andersen International Company? Mr. Sima, is this the case?"