"Foundations for the Future" documents the many significant events that impacted the accounting profession during the years 1980-1995. This time period was critical for our profession. The AICPA membership doubled and the nature of services offered to clients was dramatically transformed. The profession was on the cutting edge of the tremendous changes that occurred within the American business community during this time period. This book tells the story of how the profession adapted to these changes and the challenges that accompanied them. It not only lays down the facts for future generations, but also portrays our profession as an important and exciting field in which to work.
Acknowledgements. Foreword (D. Tarantino). Introduction. Strategic planning: the times, they were a changing. Sue the accountants: fraud detection and legal liability. Coming of political age: 54 jurisdictions, the SEC, and the U.S. Congress. Regulate thyself: standards of professional conduct. Education, examination, and experience. Financial reporting. Changing profession, changing AICPA.