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Maybe If We Put Internal Controls Last, No One Will Notice

Posted on August 21, 2010 by Caleb Newquist

“That is quite a risk to put at the end of the list.”

~ Peter Henning isn’t so sure that General Motors is taking the whole “disclosure controls and procedures and our internal control over financial reporting are currently not effective” serious enough.

Posted in Quote of the DayTagged General Motors, Internal controls or lack thereof, Peter Henning

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Next: Accounting News Roundup: The Problem with American Apparel’s non-CPA CFO; Diversity Still Lags in Accounting; Patrick Byrne Denies Insider Trading Accusations | 08.23.10

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~ Professor David Albrecht, on why Northern Iowa’s “upset,” at least from an accounting perspective, wasn’t really an upset.

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“Dear Sam, I apologize. Sincerely, Patrick”

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In bizarro world.

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