Georgia-Pacific gets rid of Arthur Andersen as its auditor

ATLANTA - Georgia-Pacific has dropped Arthur Andersen as its auditor, ending a relationship that dated back more than 50 years. <br> <br> The Atlanta-based forest products company chose Ernst & Young to replace Andersen for 2002. <br> <br> Andersen has been losing clients since the accounting firm was indicted last month on a charge of obstruction of justice related to its audit of Enron, the Houston-based energy trader that filed the largest U.S. bankruptcy case ever. <br> <br> Andersen received $2.2 million for auditing Georgia-Pacific&#39;s 2001 financial statements. It also received another $4.2 million for other work, including tax services and preparation of financial statements for divestitures and employee benefit plans. <br> <br> Other Georgia-based clients that have dropped Andersen, include Suntrust Banks, Delta Air Lines, Equifax, Southern Co., Certegy, ChoicePoint and NDCHealth.