With public oversight now the equivalent of an accounting catchphrase.

With public oversight now the equivalent of an accounting catchphrase, the Dutch are preparing themselves for their admit independent regulatory body. Due to advance into effect in June 2005 the oversight character will be performed by the Netherlands Authority for the Financial Markets (AFM) and is already causing a rift in the Dutch accounting profession, and any believe that it may unruffled go so far as to split the profession in sum of two units

The body has result about as the result of a strange law, Wet toezicht accountantsorganisaties (WTA), literally translated as Law forward Public Oversight of Auditors, passed on the ...