Wintersalen Sale
 
 

Special Offers see all

Enter to WIN a $100 Credit

Subscribe to PowellsBooks.news
for a chance to win.
Privacy Policy

Tour our stores


    Recently Viewed clear list


    Original Essays | November 7, 2014

    Karelia Stetz-Waters: IMG The Hot Sex Tip Cosmo Won't Tell You



    Cosmopolitan Magazine recently released an article titled "28 Mind-Blowing Lesbian Sex Positions." Where was this vital information when I was a... Continue »
    1. $10.47 Sale Trade Paper add to wish list

    spacer
Qualifying orders ship free.
$14.00
List price: $27.95
Used Hardcover
Ships in 1 to 3 days
Add to Wishlist
available for shipping or prepaid pickup only
Available for In-store Pickup
in 7 to 12 days
Qty Store Section
3 Partner Warehouse General- General

More copies of this ISBN

Unaccountable : How the Accounting Profession Forfeited a Public Trust (03 Edition)

by

Unaccountable : How the Accounting Profession Forfeited a Public Trust (03 Edition) Cover

 

Synopses & Reviews

Please note that used books may not include additional media (study guides, CDs, DVDs, solutions manuals, etc.) as described in the publisher comments.

Publisher Comments:

The most recent round of accounting scandals has shaken our economy and tarnished the reputation of a once-respected profession. The inherent conflicts within the flawed U.S. auditing system–where auditors are paid by the companies they audit and financial reports are now viewed as having little more veracity than press releases–have stunned a public that once believed auditors were their eyes and ears inside the country’s biggest corporations. Now, renewed public interest has prompted the government and investors to once again ask: Where were the auditors?

In Unaccountable: How the Accounting Profession Forfeited a Public Trust, former communications director for KPMG and business journalist Mike Brewster explores the fascinating transformation of CPAs from independent voices on behalf of the shareholder to close allies of Corporate America. This vivid snapshot of the twenty-first-century accounting firm clearly examines the implications of this shift for investors, the industry, and the overall economy. Brewster’s exploration of the key issues facing accounting traces the profession from its birth in the Middle East, to its rise as one of the most universally respected in the Western world, to the calamitous scandals of the past two years, to the fall of Andersen and passage of the Sarbanes-Oxley law.

Shaped by the author’s own experiences in the industry, primary research of accounting documents going back hundreds of years, and exclusive interviews with the Big 5’s major players, advocates, and detractors, Unaccountable questions the practices of the nation’s leading accounting firms, including . . .

  • Their history of providing consulting services to the same firms they audit
  • Their push in the 1990s to open investment banking and law practices
  • Their push for double-digit growth with no regard to the ramifications of this growth on their public mandate
  • Their resistance to change, even in the face of overwhelming public criticism

. . . and discusses the recent reforms that might lead to better accounting practices and more reliable financial reporting.

From the first accountants to the future of accounting, Unaccountable offers an up-close and personal view of the accounting industry. Unaccountable turns up the heat on an already beleaguered profession, but also shows how the best and brightest within the profession can still save the day by implementing much-needed reforms.

Synopsis:

Includes bibliographical references (p. 299-315) and index.

Synopsis:

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?

About the Author

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.

Table of Contents

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.

Product Details

ISBN:
9780471423621
Author:
Brewster, Mike
Publisher:
John Wiley & Sons
Location:
Hoboken, N.J.
Subject:
Finance
Subject:
Accounting
Subject:
Accounting - General
Subject:
Public interest
Subject:
Responsibility
Subject:
General Finance & Investments
Subject:
Business-Accounting and Finance
Copyright:
Series Volume:
107-377
Publication Date:
20070817
Binding:
HARDCOVER
Grade Level:
General/trade
Language:
English
Pages:
328
Dimensions:
235.5 x 161 x 27.7 mm 20 oz

Other books you might like

  1. Disconnected: Deceit and Betrayal at... New Hardcover $33.50
  2. The Emotionally Intelligent... Used Trade Paper $10.95
  3. Pour Your Heart Into It: How...
    Used Trade Paper $1.95
  4. The Jack Welch Lexicon of... New Hardcover $23.25
  5. Financial Shenanigans Used Hardcover $14.95
  6. The Individualized Corporation Used Trade Paper $1.98

Related Subjects

Business » Accounting and Finance
Business » Ethics
History and Social Science » World History » General
Science and Mathematics » Chemistry » General

Unaccountable : How the Accounting Profession Forfeited a Public Trust (03 Edition) Used Hardcover
0 stars - 0 reviews
$14.00 In Stock
Product details 328 pages John Wiley & Sons - English 9780471423621 Reviews:
"Synopsis" by , Includes bibliographical references (p. 299-315) and index.
"Synopsis" by , 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?

spacer
spacer
  • back to top

FOLLOW US ON...

     
Powell's City of Books is an independent bookstore in Portland, Oregon, that fills a whole city block with more than a million new, used, and out of print books. Shop those shelves — plus literally millions more books, DVDs, and gifts — here at Powells.com.