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    This post addresses the accounting profession & public trust

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    It is obviously in the best interest of the accounting profession to have a strong level of public trust. To that end, do you feel the profession goes far enough in policing itself? Or should it even be allowed to police itself?

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    I actually agree in part with both options. I think the profession does go far enough in policing itself, but there should be a certain governing body of some type to oversee the policing that is not an accounting regulatory body. The accounting profession definitely needs a very strong level of public trust, largely in part due to the ...

    Solution Summary

    The solution provides a detailed discussion examining if the accounting profession goes far enough in policing itself and if the accounting profession should be allowed to police itself.