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Article: Accounting misdeeds prompt improved curriculum: balance of academics, skepticism, practical training urged.(Brief Article)
- Article from:
- San Diego Business Journal
- Article date:
- August 12, 2002
- Author:
CopyrightCOPYRIGHT 2002 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The recent failures of the "Big 5" audits have focused the certified public accountant profession on fraud, management integrity, and forensic accounting.
The current wave of accounting scandals cannot be blamed on the new technology, the new economy, or even new accounting errors.
Accounting educators need to incorporate the late philosopher George Santayana's common sense insight, 'Those who cannot remember the past will be condemned to repeat it," into the education of future auditors and accountants.
Today's business education has simply failed to emphasize the lessons of past corporate accounting failures. The WorldCom hearings showcased ...