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Lawyers and Accountants Once Put Integrity First

Date: June 18, 2011

Author: Mark W. Everson

QUOTE: as our economy fitfully heals, it would be prudent to ask whether lawyers and accountants offer the same protection against corporate misconduct that they once did. Three or four decades ago, investors and regulators could rely on these professionals to provide a check on corporate risk-taking. But over time, attorneys and auditors came to see their practices not as independent firms that strengthen the integrity of capitalism, but as businesses measured chiefly by the earnings of their partners.

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Article MetaInformation:

Key People:

Key Organizations:

• American Bar Association (ABA)
• Internal Revenue Service (IRS)
• KPMG
• New York Times Company

Subject & Geographic Categories:

• Abstract Principles
  • Information
    • Truth / Honesty / Lying / Cheating
  • Motivation/Rewards/Punishments
    • Unity / Common Good
  • Responsibility
  • Trust

• Businesses & Organizations
  • Accounting / Auditing
  • Ethics (Organizational)
    • Codes of Organizational Conduct
  • Professional Relationships

• Law & Justice
  • Justice System
    • Lawyers: General

• North America
  • United States of America/USA

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