Business Services Industry
Accounting for Enron; Schools hope scandal doesn't hurt enrollment.
Crain's Detroit Business, February, 2002 by Bailey, Laura
Local colleges and universities hope the Enron Corp. accounting scandal won't hamper the success they've had in the past year in boosting sagging accounting-program enrollments. Certainly, local accounting-firm recruiters said, it's too early to predict the story's impact on a profession that in the late 1990s was having difficulty filling the seats.
Accounting was considered the ``career of the future'' in the 1980s and early 1990s, said Gadis Dillon, a professor of accounting and chairman of the department of accounting and finance at Oakland University. But the number of students graduating with accounting degrees declined 20 percent from the 1995-96 academic year to the 1998-99 year, according to an American Institute of Certified Public Accountants...
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