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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1354 |
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Some accountants believe Sarbanes-Oxley has called into question the character of the entire accounting profession when, in fact, only a small minority of accountants may have acted unethically. Others feel they are an arm of the Public Company Accounting Oversight Board and the SEC and have lost the service perspective with clients...
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However, according to Deloitte CEO James H. Quigley, "The Public Company Accounting Oversight Board (PCAOB) is very important; they are a very important catalyst to help us as we work to restore trust. As [the] new standard-setter now, we have become accustomed to and ready to deal with the standards as they are articulated by the PCAOB" (Heffes 2005)...
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