Phoenix (Nov. 14, 2002) -- Comptroller General David M. Walker lambasted the profession for its lack of foresight and action, urged CPAs to adopt integrity, objectivity, service and competence as their core values and offered a new definition of independence for auditors at an industry conference here.
In tough-talking rhetoric at the American Institute of CPAs' "State of the Profession" conference, Walker squarely laid the blame for the problems of the profession at the feet of practitioners.
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