Unaccountable: How the Accounting Profession Forfeited a Public Trust / Edition 1

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"In Unaccountable: How the Accounting Profession Forfeited a Public Trust, former communications director for KPMG and business journalist Mike Brewster explores the fascinating transformation of CPAs from independent voices on behalf of the shareholder to close allies of Corporate America. This vivid snapshot of the twenty-first-century accounting firm clearly examines the implications of this shift for investors, the industry, and the overall economy. Brewster's exploration of the key issues facing accounting traces the profession from its birth in the Middle East, to its rise as one of the most universally respected in the Western world, to the calamitous scandals of the past two years, to the fall of Andersen and passage of the Sarbanes-Oxley law." From the first accountants to the future of accounting, Unaccountable offers an up-close and personal view of the accounting industry. Unaccountable turns up the heat on an already beleaguered profession, but also shows how the best and brightest within the profession can still save the day by implementing much-needed reforms.
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Product Details

  • ISBN-13: 9780471423621
  • Publisher: Wiley
  • Publication date: 4/4/2003
  • Edition number: 1
  • Pages: 328
  • Sales rank: 1,150,332
  • Product dimensions: 6.32 (w) x 9.08 (h) x 1.14 (d)

Table of Contents

My Introduction to Accounting 1
Ch. 1 The First Accountants 21
Ch. 2 The Birth of an American Profession 41
Ch. 3 Accountants Earn a Public Trust 67
Ch. 4 The Quest for Growth 99
Ch. 5 Cracks in the Facade 123
Ch. 6 The End of the Audit 159
Ch. 7 The Fight of His Life 187
Ch. 8 Enron and the Fall of Andersen 225
Ch. 9 Accounting 101 255
Ch. 10 The Future of Accounting 281
Notes 299
Bibliography 315
Index 317
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