Problem: Bernie Ebbers is an excellent example of a criminal that is serving a jail sentence due to accounting fraud. Many CEOs and CFOs simply do not consider that they will ever get caught. Perhaps, the conviction of white-collar criminals brings an awareness needed to deter future corporate fraud. Do you feel tax preparers should face criminal charges as well? What circumstances do you feel warrant criminal prosecution of CPAs?
https://www.journalofaccountancy.com/issues/2011/aug/20114034.html