“Do you want 7 to go into 28 a total of 13 times? Sure. Just hire a Big Four auditor, and he’s got a rubber stamp with your name on it.”
~ Gary Weiss thinks auditors are a joke.
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Famous Last Words
“The lawsuit is a bunch of BS. They’re throwing everything at me. I’m not afraid of the IRS.”
~ William Alexander, on allegations brought against him by the IRS.
Off-Balance Sheet Accounting 2.0
“They will help investors to better understand off-balance sheet risks, and to alert them to the possibility of so-called window dressing transactions occurring at the end of a reporting period.”
~ Sir David Tweedie talking up the new rules that were published by the IASB today.