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Unformatted text preview: Print this article | Return to Article | Return to CFO.com Silver Lining? Global Woes Boost Accounting Profession The economy may be down but the profile of accountants has risen, says a new survey. Sarah Johnson , CFO.com | US December 10, 2008 In the aftermath of this year's worldwide financial woes, accountants are gaining an ever-higher demand and respect for their services, according to a recent survey. They will be expected to focus more of their attention on compliance and risk issues, says a report published this week by the International Federation of Accountants. Public accountants have already been fielding calls involving questions that have arisen during the credit crisis; in particular, there have been many queries about fair-value accounting, IFAC reports. Their job skills are also being tested with increasing demands for business restructuring help and more questions about insolvency issues. tested with increasing demands for business restructuring help and more questions about insolvency issues....
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This note was uploaded on 11/05/2011 for the course ACCOUNTING 101 taught by Professor Online during the Spring '11 term at Colorado Technical University.

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