“Accounting can be exciting — exciting like finding out you are going broke, or exciting like driving a big profit.”
~ Jay Goltz, entrepreneur and contributor to You’re the Boss.
Related Posts
A Big 4 Identity Crisis?
“The Big 4 don’t even like being called AUDITORS. Rather they provide ‘ASSURANCE Services,’ and act as ‘TRUSTED ADVISORS.’ This isn’t just rhetorical. It’s a cynical PR move and an effort to limit their liability.”
~ Francine McKenna, who will be on a panel with Lehman Brothers Bankruptcy Examiner Anton Valukas, NYT Chief Financial Correspondent Floyd Norris and others, discussing the financial crisis.
So ‘Global 6 Accounting Organization’ Is Out of the Question?
“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.
Maybe Asking Tax Preparers to Post Grades in Their Windows Would Work?
“Taxpayers need to be able to distinguish between the professional capabilities and education of the different groups of tax preparers.”
~ Patricia Thompson, vice chair of the AICPA’s Tax Executive Committee