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Accounting profession seeks to restore trust after Enron collapse
New York AP reports the accounting profession is moving to curb conflicts of interest in services to audit clients. The AICPA would back limits on non audit services, as KPMG and PwC shift away from consulting tied to audits. Disney says it will restrict outside consulting for new projects. Enron auditor Andersen faced document destruction probes.
MENTIONED IN THIS ARTICLE
Enron
New York
American Institute of Certified Public Accountants
KPMG
Walt Disney Co
PricewaterhouseCoopers
Disney
Linda Dunbar
AICPA
Stephen G. Butler