“Whatever good things international accountancy firms are doing in Russia – and I’m sure there are a few – blowing the whistle on massive corruption isn’t really one of them.”
~ Tim Wall, in the Moscow News. [via Re:The Auditors]
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Quote of the Day: No Ponzi Scheme Bailouts | 03.11.10
- Caleb Newquist
- March 12, 2010
“[I]t is hard to justify giving special compensation to the investors of Mr. Madoff and Mr. Stanford just because they lost significant amounts of money with little prospect of any recovery.”
~ Peter J. Henning, on Madoff and Stanford victims lobbying members of Congress for a law that would compensate them for some of their losses.
So ‘Global 6 Accounting Organization’ Is Out of the Question?
- Caleb Newquist
- October 7, 2010
“The largest companies are generally served by one of the Big Four firms and I think that’s going to continue to be true and one of the reasons are the needs of that market place, due to the scale of those enterprises.”
~ Deloitte Global CEO Jim Quigley (who must have been making the rounds today) doesn’t see a return to the Big 5.
Quote of the Day: Help Doug Shulman Help You | 03.09.10
- Caleb Newquist
- March 10, 2010
“A lot of people think of the IRS and have a little bit of fear of the IRS and we want to make sure they know that our doors are open, our people are empowered to make decisions and our goal is to resolve your problem.”
~ Doug Shulman, IRS Commish, who doesn’t prepare his own taxes but wants to help you with yours.