Professional Self‐regulation in North America: The Cases of Law and Accounting

Professional and expert work holds the potential for misconduct that can harm clients or the public. According to the traditional model of professional self‐regulation, developed during the “golden age” of the professions in the mid‐20th century, societies grant professional communities freedom from external regulation in return for their commitment to regulate their members' conduct. Professions were said to cultivate distinctive ethical norms,...