Accounting students in demand because for corporate financial scandals.

[Kidlicious]

Some of them are seem dumb actually. For example, Sunbeam recording an increase in sales revenue of BBQ grills in the 4th quarter. Did they think no one would wonder about that?

[Flubber]

Originally posted by Kidicious
Some of them are seem dumb actually. For example, Sunbeam recording an increase in sales revenue of BBQ grills in the 4th quarter. Did they think no one would wonder about that?

Nah-- here in Canada we think minus 30 is perfect BBQ weather

[DAVOUT]

Re: Re: Re: Accounting students in demand because for corporate financial scandals.

Originally posted by Dauphin


They aren't smart and aren't clever. It strikes me that many of the fraudsters employ little more than fly-tipping mentality.

I agree with that, but I meant that they are clever enough for deceiving the financial analysts who are likely the most stupid or the most dishonest of all the financial profession.

[Sikander]

Originally posted by laurentius
What we need are more philosophers

There's a sentence that's probably never been uttered before in any human language.

[Dauphin]

Re: Re: Re: Re: Accounting students in demand because for corporate financial scandal

Originally posted by DAVOUT


I agree with that, but I meant that they are clever enough for deceiving the financial analysts who are likely the most stupid or the most dishonest of all the financial profession.

That just have self-interest like most other people in the profession.

Its the same with auditors or financial advisors. They are supposedly independent, but if they give a bad audit review the directors could change the auditors, and IFA's are given commissions to sell certain products regardless of appropriateness or best value to clients.