"
Following a slew of recent accounting scandals (does Enron ring a bell?), federal legislation was passed to increase penalties, and make company executives individually responsible for falsely reporting financial data (U.S. Department of Labor Bureau of Labor Statistics, 2004). These changes should lead to greater scrutiny of company finances and accounting procedures, and should create more opportunities for accountants and auditors, particularly CPAs, to be more thorough in auditing financial records.
References
CPA.net. (2004). Colleges and Universities Offering Accounting Degree Programs. Retrieved from the Internet at http://www.cpanet.com/education/site.asp?AID=10&LIST=0020&URL=http%3A%2F%2Fwww%2Eaicpa%2Eorg%2Fnolimits%2Fbecome%2Findex%2Ehtm&Site=01%2E+Becoming+a+CPA.
(2004). What is a CPA? Retrieved from the Internet at http://www.cpanet.com/education/site.asp?AID=10&LIST=0020&URL=http%3A%2F%2Fwww%2Eaicpa%2Eorg%2Fnolimits%2Fbecome%2Findex%2Ehtm&Site=01%2E+Becoming+a+CPA.
North Carolina Administrative Code, Title 21 - Occupational Licensing Boards, Chapter 8. Board of Certified Public Accountant Examiners, as amended through January 1, 2005. Retrieved from the Internet at http://www.cpaboard.state.nc.us/subchapter8g.htm.
U.S. Department of Labor Bureau of Labor Statistics. (2004). Accountants and Auditors. Retrieved from the Internet at http://stats.bls.gov/oco/ocos001.htm.
