Bridge over ocean
1 September 2003 Financial Analysts Journal Volume 59, Issue 5

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

  1. Martin S. Fridson, CFA
  2. Martin S. Fridson, CFA

This narrative chronicles the events and trends—in particular, the decisive role of flawed incentives—that led to massive audit failures at Enron Corporation and WorldCom, together with the collapse in 2002 of global accounting giant Arthur Andersen.

Read the Complete Article in Financial Analysts Journal Financial Analysts Journal CFA Institute Member Content

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