When accounting goes unaccounted for
Anyone else beginning to feel the frustration building in the air? It's certainly hitting our tip box:
Just received the world's worst review note from a new Senior – "Why are all of these columns different widths?" BECAUSE THEY HAVE DIFFERENT INFORMATION.
Please write an article about stupid review notes.
Is that really the world's worst review note? Something tells me you guys can do better than that.
Why do we let corporations pick their auditors? Why do we have only four big firms instead of a dozen, a score or more? Why doesn’t government do the audits, as the IRS does tax audits? Why is law enforcement handcuffed by inadequate budgets and rules that hinder investigations? Why are auditors allowed to quietly resign instead of being required to blow the whistle? Auditing needs a shakeup, fundamental restructuring and the accounting firms need a serious debate about their failings, practical and moral. [DCJ/Reuters]
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