1. And he subsequently raked in thousands of dollars in campaign contributions from the accounting profession. 2. And I think the accounting profession is about to undergo massive restructuring of principles, organization because the Enron event is really just the icing on the cake. 3. As an SEC commissioner, Sommer was a frequent, though friendly, critic of the accounting profession. 4. Bill Bishop, president of the Institute of Internal Auditors, said the accounting profession should curb conflicts of interest and update rules. 5. Bowsher is chairman of the Public Oversight Board, which oversees the accounting profession, and Vagelos is a former chief executive of Merck. 6. A look at the status of bills to reform pensions, the accounting profession and stock options. 7. But if trouble in the accounting profession is news to television viewers, it is not news to government regulators or accountants. 8. By the time Congress was heading back to work in January, the accounting profession was looking a little less professional. 9. Consumer groups agree, saying the SEC would not give its oversight board enough independence from the accounting profession. 10. For starters, it may take a generation simply to develop the required legal infrastructure and an independent accounting profession. |