CPA PAC contributions too skewedYour Oct. 16-Nov. 5, 2006, issue had a front-page article about the contributions that CPA political action committees are making to various political candidates ("CPA PACs stuff candidate coffers"). As the article's subheading accurately stated, those donations are clearly skewed to the right. When one reads the article, it becomes apparent that the funds are not merely moving to the right, but rather to the far and oppressive right.
This article highlighted one of the problems with our profession, and presents a very disturbing image of the irresponsibility of those who hold the purse strings of CPA PACs in their hands. It is also a clear statement as to why CPAs with any sense of fiscal responsibility and true moral values should not be contributing to these PACs, and most distressing that CPAs who might contribute to a CPA PAC, expecting contributions consistent with CPA ethics and standards, are being lied to.
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