The other night we were treated to the “Saturday Night Live 40th Anniversary Special,” and near the end we longtime fans of the show received the important news that “Generalissimo Francisco Franco is still dead.” (If you are too young to have heard the news directly from Chevy Chase on SNL’s “Weekend Update" way back in 1975, just Google the sentence.)
In a December news item eerily reminiscent of that shtick, we learned that the sentencing of David Friehling, Bernie Madoff’s “
I dredge this story up from time to time because the whole sorry Madoff affair is a black mark on the auditing profession. (Read my original post and you will see why I put “auditor” in quotes above.) If the auditing profession had had the most rudimentary controls in place – the kind they demand from their audit clients or the
I will continue to bring this story to light until it is clear to me that the auditing profession has cleaned its own house.
“Painting with Numbers” is my effort to get people to focus on making numbers understandable. I welcome your feedback and your favorite examples.