What Will The Effect Of The Current Downturn In The Economy Have On The Field Of Accounting?

i have an essay and i need a few questions asked:
why has accounting been scrutinized in current economic situation?
What changes to you see in the future for accounting?
Which accounting practices could lead to overstated assets?
where these widespread?
What will the job out look be like for accountants in the future?
Ernst Young and Price waterhouse Coopers have been chosen to help manage the bailout plan, what will they be doing?