31.   The committee also began drafting legislation that would create a new organization to oversee the accounting profession.

32.   The drift in Congress largely reflects the power of the accounting profession.

33.   The PAB, which would be overseen by the SEC, would draw only three of its nine members from the accounting profession.

34.   The Sarbanes measure would create a government-funded board of auditors drawn from outside the accounting profession.

35.   The Senate Banking Committee plans a crucial vote Tuesday that could shape how Congress reforms the accounting profession to prevent another Enron-like financial disaster.

36.   The seven-member FASB is recruited from the accounting profession and paid by the big accounting firms as well as by contributions from big business.

37.   This is the challenge before the Independence Standards Board, the group created by the Securities and Exchange Commission and the accounting profession earlier this year.

38.   This affair shows the accounting profession all too often to be in bed with the oldest profession.

39.   Under all three proposals, the majority of the board would come from outside the accounting profession, but the three differ in how they would finance the board.

40.   But some experts say a new federal regulatory agency should be created for the accounting profession, which is currently self-policing.