On the U.S. accounting scandals

Undoubtedly, the accounting firms are experiencing a crisis of confidence but there are more explanations to the swindles. One is that the American companies' income tax returns are not public, which of course makes it more difficult to check the bookkeeping. So therefore it is not surprising that there are voices raised in favor of making the companies' income tax returns available for the public or at least for the New York stock exchange. Easily accessible information together with more competing actors are decisive of a working market.

-- Svenska Dagbladet, Stockholm