“Our whole industry is useless.”
~ Unnamed Big 4 Auditor and GC reader
Related Posts
Memo to Washington: Please Consider Tax Reform
“Instead of reprising their partisan, tiresome, and largely unproductive argument about what to do with the Bush tax cuts, President Obama and Congress ought to be asking a very different question: How do we build a tax system capable of generating the revenues we need to fund the government we want in the most efficient and fair way possible?”
This Tax Season Is Going to Be Easier Than Last Year’s, Right? RIGHT?
“A lot of CPAs would agree that last year was the worst tax filing season […]
A Big 4 Identity Crisis?
“The Big 4 don’t even like being called AUDITORS. Rather they provide ‘ASSURANCE Services,’ and act as ‘TRUSTED ADVISORS.’ This isn’t just rhetorical. It’s a cynical PR move and an effort to limit their liability.”
~ Francine McKenna, who will be on a panel with Lehman Brothers Bankruptcy Examiner Anton Valukas, NYT Chief Financial Correspondent Floyd Norris and others, discussing the financial crisis.