Word: professionalism
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Dates: during 1980-1989
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Just about the only time the accounting profession traditionally steps into the spotlight is around April 15 or when representatives of Price Waterhouse, which tallies the Academy Awards votes, put in their annual appearance at the Oscar presentations. But as this year's income tax deadline loomed, accountants were getting...
Record numbers of outraged shareholders and creditors of bankrupt firms are dragging accountants into court, demanding to know why the auditors gave no warning of impending disaster. In all, the accounting profession faces an estimated 2,000 liability suits that ask for about $10 billion in worldwide damages. At the...
More travails lie ahead. Last week a subcommittee of the House Energy & Commerce Committee began to hold hearings on the conduct of accounting firms. Democratic Representative Doug Barnard Jr. of Georgia, chairman of a subcommittee of the House Government Operations Committee, has gone a step further. He lambasted a variety...
Helms added, "How would a Russian intelligenceagent feel about his profession if he had toreport the next day to fifty congressionalstaffers?"
Movie Star Harris (The Right Stuff, Places in the Heart) finds simmering violence and sudden affection in this man. O'Leary foretokens a sad future when he naively envisions an assembly line as an exhibition hall for his competitive drive and skill. As the youth, Rapp makes the stage glow...