When accounting goes unaccounted for
“During the course of the financial crisis, we made our fair share of mistakes. We lost a considerable amount of money through our exposure to leveraged loans and mortgages.”
~ Goldman Sachs CFO David Viniar, in his opening statement before the Financial Crisis Inquiry Commission.
“No bureaucracy ever thinks it has all the power it needs.”
~ Joe Kristan can’t see the future (to our knowledge) but he did predict that the IRS would try to extend the tax preparer regulations to CPAs.
“[T]he Andersen name may have some negative connotations in audit.” — Mark Vorsatz, Andersen Global […]
“Some days, I’d think, this 10-mile run isn’t so bad. At least I’m not stuck in a conference room staring at a spreadsheet!”
~ Rebeccah Wassner, CPA and USA Triathlon’s Athlete of the Year in 2009.