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Phyllis Bernstein, CPA: inadequate financial disclosure at AICPA is raising members' concern. We all want transparency.

Publication: The National Public Accountant
Publication Date: 01-AUG-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Phyllis Bernstein, CPA: inadequate financial disclosure at AICPA is raising members' concern. We all want transparency.(Guest Opinion)

Article Excerpt
In today's financial environment in which the PCAOB and other oversight organizations are bearing down, it is critical that financial statement information is transparent.

The six accountants who formed the organization, CPAs Reforming Our Profession (CROP), believe the accounting profession should be concerned when the financial statements of the world's preeminent accounting association, AICPA, lack transparency forcing them to ask myriad questions of management, causing mistrust all around.

CROP's founders, Andrew Blackman, Mitchell Freedman, Harold Katz, John Levy, Stan Mills and Kendall Wheeler, are frustrated in their attempts to understand the business practices, financing and reporting of the AICPA...

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