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No previous accounting scandals have led the firms to propose such reforms.
Using previous accounting methods, the October rise was the biggest since 1968.
It also revealed that most of its overstated profit relates to previous accounting periods.
Franklin said that it had started bolstering its internal controls and is working quickly to correct any previous accounting errors.
The motivation for the destruction, Mr. Buell argued, came from Andersen's own experiences in previous accounting scandals.
Under its previous accounting method, it booked nearly all the revenue from contracts immediately, even if the contracts ran for several years.
Similar(41)
That casualty figure was much lower than those cited in previous accounts.
Those deeply personal firsthand descriptions were unlike any previous account of the Holocaust.
Many party historians say the new history is more "objective" than previous accounts.
In the process they are forcing American historians to reassess or defend previous accounts of United States intervention in Cuba.
One thing that had drawn Shloss to writing about Lucia was her absence from previous accounts of the Joyce family.
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