When accounting goes unaccounted for
This all started when a shareholder asked Michael about this, and he said that we’re looking into it. Well, of course we’re looking into it.
~ Brian Gladden, CFO of Dell, comes off a little sassy discussing the possibility of the company going private.
“Our whole industry is useless.”
~ Unnamed Big 4 Auditor and GC reader
“She would be prepared to read the news without clothes and only wears the clothes because her employer requires it.”
~ An accountant representing Sian Williams, co-host of BBC Breakfast one, trying to convince a tax tribunal that her clothes should be tax deductible because she has “to look good on screen.” He failed.
“It is safe to assume that we are looking at the conduct of a number of firms.”
~ Mary Schapiro, to a House appropriations subcommittee, not specifically naming Lehman Brothers or Ernst & Young.