Tax Guru-Ker$tetter Letter
Friday, June 28, 2002
It's Our Turn
There was a time not very long ago that the accounting profession was rated in high regard among the public compared to other professions. With all of the recent disclosure of creative accounting in large corporations, that has changed. This joke from last night's Letterman show makes that very clear.
There's all these corporate scandals. First Enron and now this WorldCom thing. Things are getting so bad that New York Mets catcher Mike Piazza held a press conference today to say he wasn't an accountant.
How long will it be before Willie Nelson's song is changed to "Mama, Don't Let Your Babies Grow Up To Be CPAs?" In fact, with Willie's history of blaming his tax problems on his CPAs, I'm surprised that hasn't already happened.
KMK