study decries ‘myth’ of public interest

huber
huber

call it what it is, ‘market interest,’ author argues.

by 卡塔尔世界杯常规比赛时间

the accounting profession’s governing establishment is actually a cabal of industry and government designed to thwart – instead of protect – the public interest, a new study asserts.

“the public interest is proven to be a myth, a construct created to disguise what interest the public accounting profession, and the associated governmental and private regulatory and standard-setting bodies actually serve and protect – the market interest,” says the author, wm. dennis huber of cappella university.

in critically analyzing the language of the missions, charters, statutes and legislative findings of auditing and accounting standard-setting bodies and government regulatory agencies, huber found that “the public interest” as professed by these organizations is “plagued by significant inconsistencies, contradictions, and conflicts.”