Equifax Inc. has named Ernst & Young LLP as its independent public accountant for 2002. Ernst & Young replaces Arthur Andersen, which has come under intense scrutiny regarding its role in energy firm Enron Corp.’s bankruptcy.
“Arthur Andersen has provided Equifax with many years of quality service and demonstrated the highest level of professionalism in its role as our independent auditor,” Thomas F. Chapman, Equifax’s CEO said in a statement.
The Atlanta-based information and marketing services firm did not offer any specific reason for its decision to switch at this time.
Yesterday cataloger Lands’ End also announced that it would switch from Andersen to Ernst & Young.
Andersen announced on Friday that C.E. Andrews, head of the firm’s worldwide audit practice, and Larry Rieger, a senior audit partner, would lead the struggling firm’s efforts to reorganization efforts under a plan developed by former Federal Reserve chief Paul Volcker, according to published reports.
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