"The WorldCom CFO did not tell Andersen about the line cost transfers nor did he consult with Andersen about the accounting treatment," Andersen said in a statement. "It is of great concern that important information about line costs was withheld from Andersen auditors by the chief financial officer of WorldCom."
The auditing firm said that WorldCom's financial statements for 2001 should not be relied upon.
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- Anyone know the auditor for WorldCom??
Anyone know the auditor for WorldCom??
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