The 1930s brought another new beginning for the accounting profession.

But it was not until the late 1970s that the accounting profession became involved.

The board draws half its members from the accounting profession and has yet to take action.

At present, most countries allow the accounting profession to regulate itself.

But inside, there is an experiment under way that could well change the nature of the accounting profession.

The biggest loss of good will may have been suffered by the accounting profession.

He said concern was growing about whether the accounting profession would approve of these practices.

The selection was also endorsed by some members of the accounting profession.

"What has been created here is a challenge for the accounting profession generally and Andersen in particular," he said.

The model provides a uniform approach to regulation of the accounting profession.