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Unaccountable : How the Accounting Profession Forfeited a Public Trust

by Mike Brewster

ISBN13: 9780471468516
ISBN10: 0471468517
Additional ISBN(s): 9780471423621
Format: eBook
Copyright: 2003-10-01
Publisher: WILEY

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1. Unaccountable : How the Accounting Profession Forfeited a Public Trust > ISBN13: 9780471468516

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Summary

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?

Author Biography

Mike Brewster is a former sports-writer 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

My Introduction to Accounting.

Chapter 1: The First Accountants.

Chapter 2: The Birth of an American Profession.

Chapter 3: Accountants Earn a Public Trust.

Chapter 4: The Quest for Growth.

Chapter 5: Cracks in the Facade.

Chapter 6: The End of the Audit.

Chapter 7: The Fight of His Life.

Chapter 8: Enron and the Fall of Andersen.

Chapter 9: Accounting 101.

Chapter 10: The Future of Accounting.

Notes.

Bibliography.

Index.

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Rent More, Save More! Use code: ECRENTAL

Rent More, Save More! Use code: ECRENTAL

5% off 1 book, 7% off 2 books, 10% off 3+ books

Unaccountable : How the Accounting Profession Forfeited a Public Trust

Summary

Author Biography

Table of Contents

Supplemental Materials

Rewards Program