Sarbanes-Oxley Recasts Accountants as Guardians of the Public Trust
An interesting article from the Milwaukee Journal Sentinel takes a look at public perception surrounding the accounting profession in the wake of Enron and WorldCom. Specifically, the article examines the boom in the accounting field under Sarbanes-Oxley and growing sentiment within the profession that it has assumed the role of guardians of the public trust. As the author puts its, the accounting field is clearly “hot” right now, as are specialty certifications within the profession dealing with fraud and information technology. This growth is expected to see an additional boost in 2008 when smaller publicly held companies - those with a market value of less than $75 million - are scheduled to come under regulations.
Read the article at LexisOne here.