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Audit Committee Members Hard To Come By These Days

Posted on December 15, 2015 by Caleb Newquist

Apparently companies are having trouble finding people who want to serve on an audit committee.

Candidates probably lose interest once they hear about all the boring reading that's required.

[WSJ]

Posted in NewsTagged Audit Committees, talent shortage

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In Britain, of course:

A respected accountant who turned his home into a brothel was caught in the act when police swooped and found him naked in bed with his Chinese mistress, surrounded by money.


“Respected accountant” Leslie Baleham received a year in prison after his house effectively became a brothel that managed to serve 400 men during a three-month stakeout, according to a report in the Daily Mail. How would an otherwise mild-mannered accountant get tangled up in such a mess? Love, of course!

The court was told that Baleham had been ‘smitten’ with his younger woman – who was a main figure in running the brothel.
Adrian Reynolds, prosecuting, said: ‘Never was the relationship between sex and money more clearly to be seen.’ [Ed. note: Oh, British wit.] The pair, who ran the brothel for two years, had a joint bank account and had paid in £57,000 – including £7,000 he had made in rent. Harry Bowyer, mitigating, told the court that Baleham was not involved in the day-to-day running of the brothel, and was effectively just a landlord. He said: ‘Baleham felt he was having a relationship with her. Now he feels he has been used by her. He is now divorced from his wife.’

Arrested in bed with a madame called Ping Ping, the ‘respected’ accountant who turned his home into a brothel [Daily Mail]

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