Resource Tycoon Reborn

ps: ps: Thanks to my book friends Qin Wuhui, y21216, wuli22, Kaka Star (two pictures), your book friend, The Mouse Who Stealed the Cat, Play and Play 518, Passer-by from the Empire (two pictures), Xiao Xiaowei Worm, gtr2000, , Ren Xingxing, kwan2012 (two pieces), oang, Fei'er (two pieces), 1 Seven Deadly Sins and monthly tickets from book friends that I couldn't see in time. Thanks to book friends reds, Xiao Yu'er 62 for playing Rewards. It’s the last day of this month, please give me monthly votes and recommendation votes!

Sima Mingren was surprised when he was asked. Arthur Andersen Accounting Firm and Arthur Andersen International around the world are indeed as Fang Mingyuan said. They are not a single company, but every member company will sign a contract with Arthur Andersen International. Agreement, thereby sharing infrastructure and sharing the company's management costs. Once one of the member companies faces bankruptcy, it will not drag down all member companies. Although this is not a top secret, it is not casual either. One person can know that, these partners have all signed confidentiality agreements. Where did Fang Mingyuan get this news?

In fact, how did he know that after Enron and Arthur Andersen went bankrupt one after another, the media broke down the entire incident and told it to the public, so the little secret of Arthur Andersen International was naturally revealed. It’s all over the world. Anyone who has paid a little attention to the collapse of Arthur Andersen will know why Arthur Andersen accounting firms located in various countries around the world were able to independently join the other four major international accounting firms. In short In short, Arthur Andersen International, established by the American accounting firm Arthur Andersen in order to achieve rapid global expansion, has essentially become the escape door for other member companies to escape from this integrity crisis.

Sima Mingren looked at Fang Mingyuan and nodded subconsciously.

"Mr. Sima. As far as I know, the U.S. Securities and Exchange Commission and the U.S. Department of Justice are investigating the role played by Arthur Andersen in the Enron scandal. However, the U.S. accounting firm Arthur Andersen was involved in the Enron scandal. Before and after, a large number of documents and computer records about Enron were destroyed, and you feel that in this case, as more scandals between Enron and Arthur Andersen were revealed. The U.S. Securities and Exchange Commission and the U.S. Justice Department Will the department let Arthur Andersen go?" Fang Mingyuan continued.

Sima Mingren frowned. Fang Mingyuan's question was very pointed, and it was exactly what he was worried about. He deliberately didn't want to answer, but...

"No!" Sima Mingren uttered two words with difficulty. The US Securities and Exchange Commission and Arthur Andersen had a dispute decades ago. There has been no reconciliation over the years. And Enron The amount of money involved in the company incident is huge, and the U.S. judicial department must also give investors a clear explanation.

"If the U.S. judicial department sues Arthur Andersen Accounting Firm for obstruction of justice or some other name, do you think that in the eyes of Andersen Accounting Firm's clients, it violates the years of experience of Arthur Andersen Accounting Firm? Is Arthur Andersen still a company worth entrusting its business to, despite its operating creed and the possibility of facing huge fines? Will the audit results produced by your company be recognized by shareholders and the public? "Fang Mingyuan said.

"It's hard to say." Sima Mingren swallowed hard. This young master Fang really saw the truth in every sentence. Every question was asked on the key point. This is what he was worried about. If the American accounting firm Arthur Andersen

Being sued by the U.S. judicial department, how many of its current more than 2,000 listed company clients can it retain? As an accounting firm, if it no longer has clients, is it necessary to continue to exist?

And if Arthur Andersen is in danger of going bankrupt, will its member companies make the same mistake?

"It's hard to say?" Fang Mingyuan raised his eyebrows and said with a smile, "It seems that Mr. Sima has a deep feeling for Arthur Andersen Accounting Firm?"

Sima Mingren forced a smile and said: "I have been working in Arthur Andersen Accounting Firm in the United States since 1982. From an intern to a partner, I returned to Hong Kong to establish the Hong Kong Arthur Andersen Accounting Firm."

Fang Mingyuan suddenly said: "I can understand Mr. Sima's mood in the face of this current situation. But, I'm sorry, I still have a few questions that I need Mr. Sima to answer for me. Just as I just said

As said, if there is a large loss of customers, what will Arthur Andersen do? Will it affect the normal business of Arthur Andersen accounting firms around the world?"

Sima Mingren's face became more and more gloomy, and after a while he said in a deep voice: "Master Fang, if the worst happens, maybe Arthur Andersen Accounting Firm will have to seek to merge with other internationally renowned accounting firms."

Fang Mingyuan leaned back on the sofa and said: "I heard that Mr. Sima is not on good terms with the heads of the local accounting firms KPMG and PricewaterhouseCoopers in Hong Kong? Will Mr. Sima be willing to bow to them then?"

Sima Mingren's face is about to turn black. This Fang Mingyuan is too well-informed. How can he even know all this? As our competitors, Hong Kong Arthur Andersen Accounting Firm is a latecomer. We want to be in the opponent's bowl.

Fighting for food, it would be damned if everyone's relationship could get better.

Xun Botao laughed dumbly and said: "Boss Sima, if you don't speak, I will assume that you have acquiesced in Mr. Fang's problem."

Fang Mingyuan smiled again and said: "Mr. Sima, I heard that you have a good relationship with the heads of China Arthur Andersen Accounting Firm?"

Sima Mingren nodded and said: "Most of them were founded by old people who came from Arthur Andersen Accounting Firm in Hong Kong."

"Very good!" Fang Mingyuan said with a slap in the face, "Then I have one last question, Mr. Sima, are you willing to accept the Fang family's investment and separate Hong Kong Arthur Andersen Accounting Firm from Arthur Andersen International to establish its own accounting firm?

Office?"

"Ah?" Sima Mingren was shocked and almost jumped up from the sofa. What was Fang Mingyuan talking about? He wanted to break away from Arthur Andersen International and set up his own accounting firm, and the Fang family would also provide investment.

?Sima Mingren wondered if he had miscalculated. Why did the Fang family suddenly become interested in the accounting firm?

"If Mr. Sima agrees, our Fang family will inject capital into it based on the assets of Hong Kong accounting firm Arthur Andersen. I don't care how Mr. Sima and your partners allocate the shares. The Fang family's shares must be 100%."

Of course, we will not treat Mr. Sima badly. I can guarantee that the shares you transfer will be compensated three times its actual value. Moreover, the management of the new accounting firm will not have

Big changes, our Fang family will not interfere in the daily management and operation of the firm, Mr. Sima is still the director of the accounting firm." Fang Mingyuan dropped another bomb, which made Sima Mingren dizzy.

"Why?" After a long time, Sima Ming managed to squeeze out three words. The conditions offered by Fang Mingyuan were not unfavorable. They could get three times the profit if they resold the shares, and the management had not changed much. He

Sima Mingren is still the director of the accounting firm, and Fang Mingyuan also promised not to interfere in the firm's affairs. Maybe some people will feel that they have less power, but it is difficult to escape the Enron scandal when Arthur Andersen Accounting Firm in the United States is involved in it.

Now that I can land safely, that is the greatest happiness. Sima Ming is also a person who has experienced social ups and downs for a long time. Naturally, he understands that there is no such thing as free lunch in this world. Fang Mingyuan drove out

The acquisition of the firm under such favorable conditions cannot be without purpose.

"First, I think the future of Hong Kong's Arthur Andersen Accounting Firm must be to separate from Arthur Andersen International, and a lean camel is bigger than a horse. The auditing capabilities of Arthur Andersen Accounting Firm, if it is not intentionally fraudulent, are still worth mentioning.

I believe it. Second, I have seen Mr. Sima’s personal ability, and I quite approve it. Third, our family has more and more industries abroad and domestically, and its assets are getting bigger and bigger, so we need a fair judge.

A third party exists to audit their annual performance. To be honest, after the Enron scandal, I have to put a question mark on the audit results of the other four major international accounting firms. Therefore, it is better to control one by myself.

The accounting firm is more at ease. That's all!" Fang Mingyuan looked calm, as if he was talking about an ordinary thing.

However, Sima Mingren heard very critical information from it. The core goal of Fang Mingyuan's acquisition of the accounting firm was to conduct third-party audits for the Fang family's own industries. This means that in the future, the Fang family's properties will

The financial results will be handed over to the new accounting firm for audit. In this case... doesn't it mean that as soon as the new accounting firm is established, it will have a large number of high-quality customers! Thinking of the industries under the Fang family, Sima Mingren can't help but feel...

It's hot.

He worked hard to establish the Hong Kong accounting firm Arthur Andersen, not just for his personal career future. Now if he agrees to join the Fang family, not only will he no longer have to worry about the impact of the Enron scandal on him, his personal net worth will also increase significantly.

With the growth, the future prospects of the new accounting firm are also bright. With such a result, is he still dissatisfied?

And even if he is dissatisfied, he cannot blatantly refuse. He doesn't know Fang Mingyuan's temper and temperament. Once he offends the other party, not to mention that Arthur Andersen Accounting Firm is already in turmoil now, even before the Enron scandal broke out, facing the behemoth of the Fang family

, it must also be a severe headache.

"Mr. Sima, there is no need to rush to make a decision!" Fang Mingyuan said, "You can look at the situation before making a decision. Within a month, my promise will be valid!"