May 21: Time to simplify accounting

Part 1: Jeremy Newman, chief executive of BDO International, the world's fifth-biggest accountancy firm, warns politicians after the financial crisis not to regulate too much, and that his sector must get 'back to basics' and win back trust. He discusses with Richard Milne, European business correspondent, why accounting firms didn't sound the alarm loudly enough over the credit crisis.

Financial Times | May 20, 2009

Tags:. .bdo. .simplify. .newman. .milne. .alarm