Arthur Young was the only one of five professional firms sued in the case that did not settle before the trial.

He was made a partner of Arthur Young & Company in 1932.

Woods had been an accountant at Arthur Young early in his career.

He was later with Arthur Young & Company and retired in 1988.

To be sure, Arthur Young is not the only big accounting firm to encounter such problems.

A spokesman for Arthur Young said officials would not be available for comment.

Arthur Young, as usual, has the last word.

Arthur Young in 1771 on his eastern tour found the dairymaids earned an average of £3 12s (£3.60 per annum).

This fourth study was done by the management consulting firm of Arthur Young.

"This report does not support or recommend dramatic reorganization," Arthur Young said.