"There is a crisis in corporate reporting: the Enron bankruptcy; the shattering of a prestigious global accounting firm; criminal and civil litigation against management, financial institutions, and law firms; stock market volatility caused by repeated restatements and uneasy investors - add to this angry U.S. congressional hearings, pressure on and by the Securities and Exchange Commission, and talk of new rules and new regulatory bodies. The impact is global. There are no walls or oceans around this crisis: it affects the entire world's capital markets, investors, and economies." "Why has this happened? What must we do? What insights and innovations will prevent future financial disasters? The worlds of finance and investment need answers. The investing public demands them.". "In this new book, written as these events have unfolded, the CEO of PricewaterhouseCoopers and a former Harvard Business School professor put before us their recommendations for addressing the crisis. Take the journey with them, from pioneering concepts to pioneering technology. Their views build on a decade of research, analysis, and dialogue with business leaders assembled by a team of the profession's finest thinkers."--BOOK JACKET.
