Public Accounting

From the Paper:

Introduction
"The purpose of this research is to summarize contemporary issues concerning the regulation of professional accounting practice in the United States. The very fact that the general public has demonstrated an interest in the practice of professional accounting speaks volumes with respect to the troubles besetting the profession. Under ordinary circumstances, it would surprise most people both within and external to the profession that the public had any interest at all in public accounting. It is, after all, one discipline, which in the public mind, can compete with economics for the title of the most arcane, and is probably perceived as dull. In spite of such public perceptions, however, there is a public interest in the professional practice of accounting in the 1980s."

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