Andersen Effect

Business, Legal & Accounting Glossary

Definition: Andersen Effect

Andersen Effect

Full Definition of Andersen Effect

An increased scrutiny of a company’s financial statements due to the collapse of Arthur Andersen LLP after the 2001 Enron Scandal, a seminal event which spurred the rise of conservative accounting.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Andersen Effect. Payroll & Accounting Heaven Ltd. November 29, 2021
Chicago Manual of Style (CMS):
Andersen Effect. Payroll & Accounting Heaven Ltd. (accessed: November 29, 2021).
American Psychological Association (APA):
Andersen Effect. Retrieved November 29, 2021, from website:

Definition Sources

Definitions for Andersen Effect are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.