Comments on More on the Massive Parmalat Fraud

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It's a VERY...
...self-serving set-up that many have been taking massive advantage of in the last decade or two. The chickens are definitely coming home to roost now, though.

D

posted by DamonLeigh on January 2, 2004 at 6:02 AM | link to this | reply

I Have Often Questioned The Logic . . .

of having auditors that are paid by the company they are auditing?  How do you expect them to bite the hand the feeds them?  Now, say they take that function and make it a division of the IRS (or similar entity, depending on the country, etc.).  Boy, you can bet the books would be in better shape in a hurry!

posted by WordSmith on January 2, 2004 at 5:08 AM | link to this | reply

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