TITLE

Accounting

AUTHOR(S)
Beinart, Peter
PUB. DATE
February 2002
SOURCE
New Republic;2/11/2002, Vol. 226 Issue 5, p6
SOURCE TYPE
Periodical
DOC. TYPE
Editorial
ABSTRACT
Focuses on questionable practices followed by U.S. Congressman Billy Tauzin, who has successfully stalled accounting regulation. Information on chairman of the U.S. Securities and Exchange Commission, Arthur Levitt's speech before the Economic Club of Washington; Information that Levitt had been watching the accounting industry with mounting alarm; Issuance of a manual entitled "Make Audits Pay: Leveraging the Audit Into Consulting Services," by the American Institute of Certified Public Accountants; Amount received by Tauzin from accounting firms; Proposal of Levitt to limit accountants' ability to own stock in companies they audited.
ACCESSION #
6033859

 

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