Unaccountable (PDF)
How the Accounting Profession Forfeited a Public Trust
(Sprache: Englisch)
For thousands of years, those who controlled and monitored
society's finances-accountants-were often the most powerful,
respected, and influential members of the community. From the
collectors at communal granaries in the ancient Middle East to...
society's finances-accountants-were often the most powerful,
respected, and influential members of the community. From the
collectors at communal granaries in the ancient Middle East to...
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For thousands of years, those who controlled and monitored
society's finances-accountants-were often the most powerful,
respected, and influential members of the community. From the
collectors at communal granaries in the ancient Middle East to the
scribes who monitored Queen Victoria's Exchequer, the accountant's
role has been to preserve the integrity of financial systems.
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?
society's finances-accountants-were often the most powerful,
respected, and influential members of the community. From the
collectors at communal granaries in the ancient Middle East to the
scribes who monitored Queen Victoria's Exchequer, the accountant's
role has been to preserve the integrity of financial systems.
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?
Autoren-Porträt von Mike Brewster
Mike Brewster is the coauthor of King of Capital: Sandy Weill and the Making of Citigroup, also published by Wiley, and a former sportswriter in upstate New York. Formerly the editor of LeadersOnline, Brewster spent seven years as the communications director at KPMG. He is a graduate of the Columbia University Graduate School of Journalism.
Bibliographische Angaben
- Autor: Mike Brewster
- 2003, 1. Auflage, 328 Seiten, Englisch
- Verlag: John Wiley & Sons
- ISBN-10: 0471468517
- ISBN-13: 9780471468516
- Erscheinungsdatum: 07.10.2003
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- Größe: 2.02 MB
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Sprache:
Englisch
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