Analysis News Law firms Household names up in arms over class action transparency legislation By The Lawyer 26 September 2010 00:00 17 December 2015 15:57 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Hugh J. Campbell Jr. CPA 29 September 2010 at 20:19 Perhaps the time has come for an actions regarding whether accounting standards have crossed the line in recent years and in many cases have become the equivalent of regulations; if so the case should be made that “regulation-style accounting standards” result in “regulations without representations”. Are over-the-top disclosures a vote of no-confidence by the FASB in the ability of the Public Accounting Profession to render opinions on financial statements? Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.