Overland Park, Kan. (March 31, 2003) - Despite recent corporate governance changes at Sprint, the AFL-CIO still believes shareholder confidence will not be restored until the company replaces its long-time auditor Ernst & Young.
The AFL-CIO claims Ernst & Young compromised its independence by selling questionable tax shelter advice to Sprint's top two executives: William T. Esrey, the former Sprint chief executive who was replaced last week by Gary Forsee, and chief operating officer Ronald T. LeMay.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access