January 14, 2022

Tweet of the Day: Ex-Crazy Eddie CFO Explains Why ‘Audits Are a Myth’

Our favorite convicted felon and career advice-giver, Sam Antar, the former CFO of Crazy Eddie, had some things to say on Twitter about the current state of audits in a reply to a tweet from Francine McKenna about EY and the Wirecard accounting scandal:

PREACH IT SAM!

Related article:

Ex-Crazy Eddie CFO’s 10 Tips for Advancing Your Accounting Career

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

1 Comment

  1. He isn’t completely wrong. However, audits have gotten tougher in the days since Sarbanes-Oxley. His fraud happened back in the days when there was a lot of auditing by conversation–explanation appears reasonable, pass further work.

Comments are closed.

Related articles

Deloitte Just Gave the Malaysian Government Several Wheelbarrows Full of Ringgit (UPDATE: KPMG Pays Up Too)

[Updated article originally posted on June 3, 2021 with additional information about KPMG settlement.] From the Ministry of Finance in Malaysia on June 3: The Government has received a settlement payment of RM336 million (US $80 million) related to 1Malaysia Development Bhd (1MDB) from Deloitte PLT. In a statement today, the Ministry of Finance (MoF) […]

Study Plan Ideas to Organize Your 2022 CPA Exam Goals

Last week I introduced you guys (and gals) to the joys of bullet journaling with some suggestions on how to whip up some spreads to organize your 2022 CPA exam goals, and we went over the basics of setting up your first bujo. This week I’m throwing a few study-specific spreads at you in the […]