Darrien Norman
Ethics of Accountants
TR 12:30-1:50
The CPA Journal
Public Accounting – No Longer a Prfoession?
In the article entitled “Public Accounting-No Longer a Profession” by Mason, Eli, he
talks about different organizations; for example the Department of Justice, and Federal Trade
Commission also known as the FTC, and the CPA profession, collectively coming together to
help change the nature of practice and public accounting. These organizations or committee
members review the rules and discuss the powers of the department. For instance, the state board
can discipline a CPA by three different ways which are, reprimand, suspension, and revocation of
the license to practice. Reprimand means to rebuke something or someone. In this case the CPA
wanted to reprimand someone. The repeal of the competitive bidding rule had its effect on the
