FRD111 - Unaccountable

$120.00
CPE Credit Hours - 20
In the United States, twentieth-century accountants played a vital role in
shaping the transparency of U.S. capital markets, counseling the Allies on financial
matters in both world wars, advising Congress on the creation of the federal
income tax, and inventing the concept of the gross national product. Yet by
2003, the reputation of the public accountant was in tatters. How did the accounting
profession in America squander its legacy of public service? What happened to
the accountants that presidents, senators, and captains of industry turned to
for advice? Why did auditors stop looking for fraud? How did this once revered
profession find itself in this unlikely and humiliating state?
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