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Unaccountable - Mike Brewster

Unaccountable

How the Accounting Profession Forfeited a Public Trust

(Autor)

Buch | Hardcover
336 Seiten
2003
John Wiley & Sons Inc (Verlag)
978-0-471-42362-1 (ISBN)
CHF 42,20 inkl. MwSt
Gives a snapshot of the role of accounting firms in the twenty first century. This work explores the transformation of CPAs from independent voices on behalf of the shareholder to Corporate America's best friend. It also examines the implications of this shift for investors, the industry, and the economy.
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?

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.

My Introduction to Accounting 1

CHAPTER 1

The First Accountants 21

CHAPTER 2

The Birth of an American Profession 41

CHAPTER 3

Accountants Earn a Public Trust 67

CHAPTER 4

The Quest for Growth 99

CHAPTER 5

Cracks in the Facade 123

CHAPTER 6

The End of the Audit 159

CHAPTER 7

The Fight of His Life 187

CHAPTER 8

Enron and the Fall of Andersen 225

CHAPTER 9

Accounting 101 255

CHAPTER 10

The Future of Accounting 281

Notes 299

Bibliography 315

Index 317

Erscheint lt. Verlag 13.5.2003
Verlagsort New York
Sprache englisch
Maße 160 x 236 mm
Gewicht 585 g
Themenwelt Wirtschaft Betriebswirtschaft / Management Finanzierung
Wirtschaft Betriebswirtschaft / Management Unternehmensführung / Management
ISBN-10 0-471-42362-9 / 0471423629
ISBN-13 978-0-471-42362-1 / 9780471423621
Zustand Neuware
Informationen gemäß Produktsicherheitsverordnung (GPSR)
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