“An auditor’s report tells less about a public company’s health than a doctor’s report tells about an individual – in scope, detail and precision. And if investors and other financial information users are not happy, they are doing nothing to make their dissatisfactions effectively known.”
~ Jim Peterson, from his post “Medical Check-Ups and Annual Audits: What if Your Doctor Reported Like Your Accountant?” at Re:Balance.
Related Posts
LeBron James’ CPA Needs to Get to Work
“Wouldn’t you love to be Mr. James’s tax accountant right about now?”
The Frank-Dodd Act Could Solve Part of the Unemployment Problem
“In 2,500 pages of dense prose, we’re about to receive legislation that could better be entitled ‘The Lawyers’ and Lobbyists’ Full Employment Act.”’
~ Harvey Pitt, former SEC Chairman, graduated with his law degree from St. John’s in 1968.
The Smartest Service Businesses in the Country Are Accounting Firms, Says Some Lawyer
In a Bloomberg Law article that looks suspiciously like a thinly-veiled advertisement for Philadelphia law […]