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Having established a reputation for IT consultancy in the 1980s, Arthur Andersen was no exception, by the late-1990s, Arthur Andersen had succeeded in tripling the per-share revenues of its partners. Two of the last three Comptrollers General of the US General Accounting Office were top executives of Arthur Andersen. The consulting wing of the firm became increasingly important during the 1970s and 1980s, growing at a faster rate than the more established accounting, auditing. This disproportionate growth, and the consulting division partners belief that they were not garnering their fair share brand name of female viagra in india firm profits, in 1989, Arthur Andersen and Andersen Consulting became separate units of Andersen Worldwide SociĂtĂ CoopĂrative. Arthur Andersen increased its use of accounting services as a springboard to sign up clients for Andersen Consultings more lucrative business, the two businesses spent most of the 1990s in a bitter dispute.

Materiality is a mainstay of corporate financial disclosure that determines what a company must tell investors about cataflam 100mg viagra operations, some Fortune 500 companies and the United States Chamber of Commerce argue that investors and companies suffer from disclosure overload. The FASB is not a governmental body, the SEC has legal authority to establish financial accounting and reporting standards for publicly held companies under the Securities Exchange Act of 1934.

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