Andersen Gets Nod for Government Work

Posted by accountingweb on Feb 28 2002 170 printer friendly

Bucking warnings from the White House budget office which has questioned Andersen's ability to perform quality work, the National Highway Traffic Safety Administration (NHTSA) has hired the Big Five firm to perform an assessment of NHTSA's development of software for identifying auto defect trends.

A federal audit of NHTSA's defect identification system was performed last month in which it was determined that the process is flawed. In response to the audit results, NHTSA interviewed several companies and ultimately chose Andersen to perform the assessment.

Attention has been focused on the NHTSA defect recognition process following last year's problems surrounding defective Firestone tires.

Andersen will receive $52,000 for the job, which will include assessment of software development and identification of problems that could lead to cost overruns and schedule delays.

Voice of the Editor

What would you do if one of your clients won the lottery? We asked several accountants to weigh in with their advice for the lucky Powerball winner, and the tips we received are useful for anyone who receives a windfall, whether it's a lottery win, an inheritance, a big bonus on the job, or a killing in the stock market.

This Week on AccountingWEB

CPAs Mira Finé, Scott Hitchcock, Rob Keasal, Kathy Scorcio, and Ken Travis offer ten pieces of financial advice for the newest Powerball winner.

Hang Bower of BDO USA and Dan Black of Ernst & Young share their perspectives on why their firms made the Best Places to Work for Recent Grads 2013 list.

Herbein + Company, Inc. firm members talked with AccountingWEB about their year-round employee wellness program.

Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.