Resource Tycoon Reborn

Uda Naka said goodbye and left after the meal knowingly, and Fang also welcomed a new guest—Masayoshi Yasuda, the head of Japan's Arthur Andersen accounting firm.

These days, although the crude oil spill and many things that resulted from it have attracted most of Fang Mingyuan's attention, he has also been paying attention to the development of the Enron scandal in the United States and the alleged audit fraud of Arthur Andersen Accounting Firm.

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As the U.S. Department of Justice and the U.S. Securities and Exchange Commission investigated Enron more and more deeply, more and more problems were exposed, shocking the world.

Enron had to admit to the public that the company had been falsifying accounts for many years and the amount was extremely huge. In just over three years from 1997 to 2000, through a series of partnership investments, related party transactions, etc.

The method concealed the company's high debt, which totaled more than 2.7 billion U.S. dollars! At the same time, it inflated shareholder income by one billion U.S. dollars. It is because of such an astonishingly huge debt that it was not included in the company's financial statements, and multiple related party transactions and interests were not included in the company's financial statements.

The transfer was not fully disclosed publicly, and the huge inflated profits and shareholder equity brought "whitewashed prosperity" to Enron. For a time, the entire United States was in an uproar.

Enron had so many, so serious accounting frauds, and the methods were not so sophisticated that they were difficult to detect. The American accounting firm Arthur Andersen failed to expose them objectively and fairly, and even issued internal control evaluations that had no credibility at all.

reports and seriously distorted audit reports. As a result, many investors invested a lot of money in Enron because they believed in the prosperous prospects deliberately "displayed" by Enron. It can be said that Arthur Andersen Accounting Firm has already done something about this matter.

It caused public outrage. Especially later, Arthur Andersen Accounting Firm in the United States publicly violated professional ethics and destroyed audit files, which shocked all sectors of society. As a result, no one believed that the audit report of Arthur Andersen Accounting Firm was a work error.

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The other Big Four accounting firms have publicly condemned Arthur Andersen. Although they have done similar things, Arthur Andersen has gone too far this time! This case will seriously damage

The credibility of the CPA profession, and once it loses credibility, the CPA will no longer be a CPA, and the accounting firm will no longer be an accounting firm.

The American accounting firm Arthur Andersen was already regretting it at this time. Although it tried its best to extricate itself from the Enron scandal, people had completely lost confidence in it. And as the U.S. judicial department and the United States

As the Securities and Exchange Commission's investigation continues to deepen, the situation of Arthur Andersen Accounting Firm in the United States is getting worse and worse. Now, not only Arthur Andersen Accounting Firm in the United States, but also other Arthur Andersen Accounting Firms around the world have fallen into panic.

.This is picking up sesame seeds but losing watermelons. For the sake of Enron Company, Arthur Andersen Accounting Firm, a well-known company that is one of the top five accounting firms in the world with a revenue of 9 billion US dollars last year, has plunged itself into the predicament of betrayal and alienation.

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Japan's Arthur Andersen Accounting Firm, an important overseas branch of Arthur Andersen Accounting Firm, is also in a state of panic. Its clients have shown some signs of instability.

And Masayoshi Yasuda couldn't understand why Fang Mingyuan wanted to invite him at this time.

Saga0 Co., Ltd. is not a listed company, and the accounting firm responsible for it is not Arthur Andersen. Although Masayoshi Yasuda has long coveted its business, it has assets of more than 10 billion.

The behemoth of the U.S. dollar is also considered a top company in Japan. Obtaining its business not only means huge profits, but also means gaining its trust. This is for Japan's Arthur Andersen Accounting Firm, which has been in turmoil.

It is undoubtedly a shot in the arm. Moreover, this will inevitably lead to a number of companies that will follow suit.

However, this is just a thought. The business of Saga0 Co., Ltd. was also the target of many accounting firms’ crazy pursuit even before the incident of Arthur Andersen Accounting Firm. But now, what else does Arthur Andersen Accounting Firm have?

Are you qualified to join this chase?

In the evening, Shijing Jianshui had already learned the news.

"You mean...Masayoshi Yasuda, the head of Arthur Andersen Accounting Firm in Japan, was interviewed by Fang Jun for an hour and a half in the afternoon. When Yasuda left, he couldn't suppress the joy on his face?"

Mimizu Ishii was a little surprised. Regarding the current situation of Japan's Arthur Andersen Accounting Firm represented by Masayoshi Yasuda, Mimizu Ishii had also heard about it. Before, who could have imagined that Arthur Andersen Accounting Firm, one of the five largest accounting firms in the world,

, to actually end up in this miserable state.

After getting a definite answer, Ishii Jianshui couldn't help but fell into deep thought. He naturally didn't think that Fang Mingyuan was doing something frivolous, but why did Fang Mingyuan ask Masayoshi Yasuda? Now Arthur Andersen Accounting Firm has almost become a rat on the street.

Damn it. Even if you want to find an accounting firm responsible for auditing Saga0 Co., Ltd., you can’t go to it. -

But after thinking about it for a moment, Ishii Miansui put the matter behind him. Now he didn't have so much time to think about it. Seeing that the Kyoto oil tanker auction was coming, if he could not do anything with him before that,

If Fang Mingyuan reaches an agreement, Diamond Cruises Co., Ltd. may have to go to the auction to compete with many shipping companies for those tanker orders.

For these oil tanker orders, these shipping companies are now going crazy. Secretly, they are desperately trying to contact Guo's Shipping Group Company to get more oil tankers or order transfers from Guo's Shipping Group Company.

, on the other hand, they are also actively uniting with each other, and through mutual concessions, they have reached a secret carve-up agreement in order to obtain these auction items at a more favorable price.

However, this kind of thing has always been a matter of wisdom and magic. Ishii Mimizu didn't think that East Auction Co., Ltd., as the company with the oldest auction history in Japan, would not have thought of this. Therefore, Ishii Mimizu

I don't think highly of their behavior.

Moreover, there is another troublesome thing that is now in front of Ishii Mimizu-Oe Yusaburo is dead!