Posted by taxguru on May 28, 2003
Accounting Firms Attempt To Dispel the Cloud of Fraud – About a year ago, after the Enron collapse and disclosure of “creative accounting” by several large companies, the very definition of unreliable and untrustworthy in the punch lines of late night jokes was Arthur Andersen. Luckily for the CPA profession, the definition of unreliable and untrustworthy has now become The New York Times and CNN.
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