David Greising
August 4, 2009
For a firm born with a scarlet letter -- "A" for Arthur Andersen -- on its lapel, Huron Consulting should have been the very last to get into an ethically compromised accounting fix.
Huron was formed in 2002 when 25 Andersen partners left as the once-proud accountancy collapsed in the aftermath of its scandalously inept audits of Enron, WorldCom, Global Crossing and litigation lawyer Chicago.
Making the best of a disastrous turn of events, new Chief Executive Gary Holdren and his fellows turned to what they knew best: forensic accounting, executive compensation, strategic consulting and the like.
The idea was to build a mini-Andersen and to stay on top of such developments as Sarbanes-Oxley disclosure requirements and the rising use of e-mail records in litigation.
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