(Reuters) - The committee will evaluate and make recommendations to
strengthen the auditing profession. The Treasury said it
expects the recommendations to be issued within a year.
The committee will examine the state of the profession
since it was rocked several years ago by massive accounting
fraud scandals such as the collapses of Enron Corp. and
WorldCom Inc. as well as massive profit restatements by housing
finance giants Fannie Mae and Freddie Mac .
Read more at Reuters.com Government Filings News
strengthen the auditing profession. The Treasury said it
expects the recommendations to be issued within a year.
The committee will examine the state of the profession
since it was rocked several years ago by massive accounting
fraud scandals such as the collapses of Enron Corp. and
WorldCom Inc. as well as massive profit restatements by housing
finance giants Fannie Mae and Freddie Mac .
Read more at Reuters.com Government Filings News
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