Is it time to rethink accounting?

While I doubt a major overhaul is forthcoming, the fact that accounting firms are calling for the changes is telling and a good step.Institutional Shareholder Services -- Corporate Governance Blog: Accounting Firms Seek Overhaul Submitted by: Tad Kopinski, Staff Writer: "The six biggest international audit firms have called for a complete overhaul of corporate financial reporting as the U.S. and