ABSTRACT
The surge of new registrations between 1958 and 1962 brought increased problems in compliance with the Securities Act of 1933. “Going public” was not only a new experience for the companies but also for many accountants who had been dealing primarily with write-up work and taxes. Orbach details many of the pitfalls of S-1 filing. The problem of independence under Rule 2.01 is addressed as well as the need for certified statements for prior years.
