Of Landslides and Watersheds
By Edith Orenstein, FEI Financial Reporting Blog -
The results of yesterday’s presidential election, in which Barack Obama was reported by the Associated Press to have experienced a 'resounding' win if not a 'landslide,' in being elected the 44th President of the United States, is a watershed moment in our history. Although not addressing accounting matters directly, he made some points in his acceptence speech which could provide useful paths for those engaged in accounting and auditing standard setting as well as broader policy issues. Read more here.