'04 under the microscope.

As I prepared to assume the editor's mantle here four years ago, I was cautioned through my former employer that "nothing" - and he emphasized nothing - "ever happens in the accounting profession," and I'd be back within six month begging for my elderly position. (FYI: He's still waiting.)

In the four years since then, I have traditionally reserv this space in our final issue of the year to recite and reflect on the incidents that have impacted the profession.

In 2004 we witnessed another