When accounting goes unaccounted for
“The audit committee is essentially its organization’s financial conscience. The responsibilities have grown demonstrably, and committee members need appropriate guidance to carry out their essential charge. That’s the AICPA’s goal for its first audit committee forum.”
~ Carol Scott, AICPA vice president for business, industry and government thinks it’s about time we got down to business.
“It’s not a sure thing that they’ll actually get around to doing anything about it.”
~ Craig Jennings, federal fiscal policy analyst at OMB Watch, doesn’t have much faith that Congress.
“This administration will side with those who want fundamental change. It is not tenable to leave in place the system we have today. We will not support returning Fannie and Freddie to the role they played before conservatorship, where they fought to take market share from private competitors while enjoying the privilege of government support.”
~ The Treasury Secretary has had it up to his coif.
“There are increasing job opportunities in the marketplace and anxiety on the inside.”
~ Bob Moritz, in the Wall St. Journal.