MILLENNIUM SERIES CONTINUES
This month's special feature is a history of the profession in the 20th century by Wallace Olson, a past president of the AICPA. During his period of leadership, important self-regulatory enhancements were made in response to perceived weaknesses in the financial reporting process.
For the Millennium Series, Olson reviews some of the events that have shaped the CPA profession in the United States and will continue to affect its future. Many of the events were beyond the profession's control, but others were not. Olson concludes with a plea for a high-level commission to help direct the profession into the future. The concern should not be what new services the profession might offer, but rather how the public can be best served and protected. *
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