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Sarbanes-Oxley News & Developments
Accountants Are Back In VogueSkills and experience in accounting and finance are best for a full career.
> > Andrew Fastow, former CFO of Enron, had a masters in business administration from Kellogg Business School at Northwestern University and never became an accountant. Sherron Watkins who blew the whistle on the Enron scandal is a certified public accountant. Financial execs with MBAs and trained as investment bankers became the rage at many US companies in the 1990s, while accounting and controller functions were delegated to CPAs. The Sarbanes-Oxley Act has added pressures and accountability to senior executives, specifically the finance team. Companies are now calling for skills that include a mix of accounting, finance, and strategy.
Source: CFO
Published:2004-02-27
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