Audit Accounting Quotes

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Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States
Barry M. Goldwater
The wild things of this earth are not ours to do with as we please. They have been given to us in trust, and we must account for them to the generation which will come after us and audit our accounts.
William T. Hornaday
Americans like to make money; Canadians like to audit it. I know no other country where accountants have a higher social and moral status.
Northrop Frye
Three years later, Mr. Turley has received no reply to his letter. Nor can anybody account for the missing money: saints, it seems, are immune to audit.
Christopher Hitchens (The Missionary Position: Mother Teresa in Theory and Practice)
It's a piece of cake, being a lawyer or a doctor or a computer systems analyst or an accountant. Libraries are full of books telling you how to do it. The only textbooks for private eyes are on fiction shelves, and I don't remember ever reading one that told me how to interrogate an eight-year old without feeling like I was auditioning for the Gestapo.
Val McDermid (Crack Down (Kate Brannigan, #3))
It's a good idea to either have a cost accountant on payroll, hire a cost accountant to audit your business twice a year, or invest in good cost accounting software.
Hendrith Vanlon Smith Jr.
People are accustomed to thinking of accounting as dry and boring, a necessary evil used primarily to prepare financial reports and survive audits, but that is because accounting is something that has become taken for granted.
Eric Ries (The Lean Startup)
Month to month there were many discrepancies carried forward without resolution through what I jokingly called my “999 (or Nick Leeson)” account.
Jon Edgell (Bust)
He concluded that there was effectively no way for an accountant assigned to audit a giant Wall Street firm to figure out whether it was making money or losing money.
Michael Lewis (The Big Short)
Promote Transparency and Accountability
Long Island Audit
Accountability and transparency, the two cardinal principles of good governance in a democratic setup, depend, for their observance, on how well the public audit function is discharged.
Vinod Rai (Not Just an Accountant)
As for relegated/delegated responsibility to ensure organizational software licensing compliance, management is still accountable when intellectual property rights are violated. If the safeguarding responsibility is assigned to an ineffective and/or inefficient unit within an organization, IT audit should recommend an alternative arrangement after the risks are substantiated.
Robert E. Davis
The wealthy have also fought to underfund and defang the Internal Revenue Service, so it doesn’t have the resources to audit or fight dubious deductions. Only about 6 percent of tax returns of those with income of more than $1 million are audited, along with 0.7 percent of business tax returns. Meanwhile, there is one group that the IRS scrutinizes rigorously: the working poor with incomes below $20,000 a year who receive the Earned Income Tax Credit. More than one-third of all tax audits are focused on that group struggling to make ends meet, even as the agency cuts back on audits of the wealthy—while the top 5 percent of taxpayers account for more than half of all underreported income.
Nicholas D. Kristof (Tightrope: Americans Reaching for Hope)
The Americans struggled to understand just how much support reached bin Laden in Afghanistan from Saudi sources. It appeared to be substantial, even into 2000. A Saudi government audit of the National Commercial Bank, the kingdom’s largest, showed that at least $3 million had flowed from its accounts to bin Laden. One of Saudi Arabia’s largest charities, the International Islamic Relief Organization, acknowledged that it had sent about $60 million to the Taliban.25
Steve Coll (Ghost Wars: The Secret History of the CIA, Afghanistan & Bin Laden from the Soviet Invasion to September 10, 2001)
One way to exert power in restraint of democracy is to bend the state to a market logic, pretending one can replace “citizens” with “customers” (see point 5). Consequently, the neoliberals seek to restructure the state with numerous audit devices (under the sign of “accountability” or the “audit society”) or impose rationalization through introduction of the “new public management”; or, better yet, convert state services to private provision on a contractual basis.
Philip Mirowski (Never Let a Serious Crisis Go to Waste: How Neoliberalism Survived the Financial Meltdown)
You're serious." "As serious as an accountant at an IRS audit." His face closed off, reminding her of the ruthlessness she had first noticed about him on the front steps. "You have no business opening a restaurant." "Says who?" "Says the guy who watched you try to extricate yourself from a burger suit with a knife." Her mouth fell open. "Burger suits and restaurants are two different kettles of fish." "Kettles of fish? Now there's great business terminology." "Yep, Texas style." "You're in New York, sweetheart." "I am not your sweetheart, thank my lucky stars." "Another of your quaint Texas sayings? What was the last one I heard you use? 'Bless your heart'?" She sliced him a tooth-grinding smile. "While you might not like them, you can bet your backside that a cafe that serves the kind of fare we create in Texas would have people lined up around the corner. Or, as we say in Texas, till the cows come home.
Linda Francis Lee (The Glass Kitchen)
The Seventh Central Pay Commission was appointed in February 2014 by the Government of India (Ministry of Finance) under the Chairmanship of Justice Ashok Kumar Mathur. The Commission has been given 18 months to make its recommendations. The terms of reference of the Commission are as follows:  1. To examine, review, evolve and recommend changes that are desirable and feasible regarding the principles that should govern the emoluments structure including pay, allowances and other facilities/benefits, in cash or kind, having regard to rationalisation and simplification therein as well as the specialised needs of various departments, agencies and services, in respect of the following categories of employees:-  (i) Central Government employees—industrial and non-industrial; (ii) Personnel belonging to the All India Services; (iii) Personnel of the Union Territories; (iv) Officers and employees of the Indian Audit and Accounts Department; (v) Members of the regulatory bodies (excluding the RBI) set up under the Acts of Parliament; and (vi) Officers and employees of the Supreme Court.   2. To examine, review, evolve and recommend changes that are desirable and feasible regarding the principles that should govern the emoluments structure, concessions and facilities/benefits, in cash or kind, as well as the retirement benefits of the personnel belonging to the Defence Forces, having regard to the historical and traditional parties, with due emphasis on the aspects unique to these personnel.   3. To work out the framework for an emoluments structure linked with the need to attract the most suitable talent to government service, promote efficiency, accountability and responsibility in the work culture, and foster excellence in the public governance system to respond to the complex challenges of modern administration and the rapid political, social, economic and technological changes, with due regard to expectations of stakeholders, and to recommend appropriate training and capacity building through a competency based framework.   4. To examine the existing schemes of payment of bonus, keeping in view, inter-alia, its bearing upon performance and productivity and make recommendations on the general principles, financial parameters and conditions for an appropriate incentive scheme to reward excellence in productivity, performance and integrity.   5. To review the variety of existing allowances presently available to employees in addition to pay and suggest their rationalisation and simplification with a view to ensuring that the pay structure is so designed as to take these into account.   6. To examine the principles which should govern the structure of pension and other retirement benefits, including revision of pension in the case of employees who have retired prior to the date of effect of these recommendations, keeping in view that retirement benefits of all Central Government employees appointed on and after 01.01.2004 are covered by the New Pension Scheme (NPS).   7. To make recommendations on the above, keeping in view:  (i) the economic conditions in the country and the need for fiscal prudence; (ii) the need to ensure that adequate resources are available for developmental expenditures and welfare measures; (iii) the likely impact of the recommendations on the finances of the state governments, which usually adopt the recommendations with some modifications; (iv) the prevailing emolument structure and retirement benefits available to employees of Central Public Sector Undertakings; and (v) the best global practices and their adaptability and relevance in Indian conditions.   8. To recommend the date of effect of its recommendations on all the above.
M. Laxmikanth (Governance in India)
Our approach to QA is based on the belief that the balance between control and accountability on the one hand and quality enhancement on the other must be weighted towards the latter. Only if the QA process is perceived as bringing advantages to those who interact with it, will they contribute to it co-operatively and positively, and only in such circumstances will quality be enhanced.
Sally Brown (Internal Audit in Higher Education (Creating Success))
For example, there’s an uncharacteristic explosion of creativity among accountants. Yes, accountants: Groups like the Thriveal C.P.A. Network and the VeraSage Institute are leading that profession from its roots in near-total risk aversion to something approaching the opposite. Computing may have commoditized much of the industry’s everyday work, but some enterprising accountants are learning how to use some of their biggest assets — the trust of their clients and access to financial data — to provide deep insights into a company’s business. They’re identifying which activities are most profitable, which ones are wasteful and when the former become the latter. Accounting once was entirely backward-looking and, because no one would pay for an audit for fun, dependent on government regulation. It was a cost. Now real-time networked software can make it forward-looking and a source of profit. It’s worth remembering, though, that this process never ends: As soon as accountants discover a new sort of service to provide their customers, some software innovator will be seeking ways to automate it, which means those accountants will work to constantly come up with even newer ideas. The failure loop will
Anonymous
Given the concentration of the Big 4, which accounts for 94% of public companies followed by Grant Thornton International and BDO International, 235 a mid-size accounting firm’s typical client is a mid-size or privately held company. Fortunately there are hundreds of thousands mid-size companies which are now part of the global economy. This has created a growing need for network membership. However, the rules on auditing public companies are being re-evaluated to require that auditing assignments rotate outside of the Big 4 to independent accounting firms. 236
Anonymous
Over the past year, as I have been working with the global tax-accounting firm KPMG to help their tax auditors and managers become happier, I began to realize that many of the employees were suffering from an unfortunate problem. Many of them had to spend 8 to 14 hours a day scanning tax forms for errors, and as they did, their brains were becoming wired to look for mistakes. This made them very good at their jobs, but they were getting so expert at seeing errors and potential pitfalls that this habit started to spill over into other areas of their lives. Like the Tetris players who suddenly saw those blocks everywhere, these accountants experienced each day as a tax audit, always scanning the world for the worst. As you can imagine, this was no picnic, and what’s more, it was undermining their relationships at work and at home. In performance reviews, they noticed only the faults of their team members, never the strengths. When they went home to their families, they noticed only the C’s on their kids’ report cards, never the A’s. When they ate at restaurants, they could only notice that the potatoes were underdone—never that the steak was cooked perfectly. One tax auditor confided that he had been very depressed over the past quarter. As we discussed why, he mentioned in passing that one day during a break at work he had made an Excel spreadsheet listing all the mistakes his wife had made over the past six weeks. Imagine the reaction of his wife (or soon to be ex wife) when he brought that list of faults home in an attempt to make things better. Tax auditors are far from the only ones who get stuck in this
Shawn Achor (The Happiness Advantage: The Seven Principles of Positive Psychology That Fuel Success and Performance at Work)
Federal review of San Diego police urges more supervision By ELLIOT SPAGAT SAN DIEGO (AP) — A U.S. Justice Department review of the San Diego Police Department finds lack of supervision and failure to hold officers accountable contributed to an environment that produced a rash of misconduct allegations. The audit released Tuesday offers 40 recommendations to improve recruiting, hiring, training and supervision aimed at more quickly identifying problem officers. Police Chief Shelley Zimmerman pledged to adopt all of the suggestions, but said some will require time and money. Zimmerman's predecessor, William Lansdowne, requested the federal review last year after misconduct allegations against officers rocked the department. Several were accused of committing sexual assault or battery while on-duty. Officer Anthony Arevalos was sentenced to eight years in prison after being charged with soliciting sexual favors from women he pulled over in traffic stops. Posted: Mar 17 3:56 pm
Anonymous
prevents them from deducting their rent, employee salaries, or utility bills, forcing them to pay taxes on a far larger amount of income than other businesses with the same earnings and costs. They also say the taxes, which apply to medical and recreational marijuana sellers alike, are stunting their hiring, or even threatening to drive them out of business. The issue reveals a growing chasm between the 23 states, plus the District of Columbia, that allow medical or recreational marijuana and the federal bureaucracy, from national forests in Colorado where possession is a federal crime to federally regulated banks that turn away marijuana businesses, and the halls of the IRS. The tax rule, an obscure provision known as 280E, catches many marijuana entrepreneurs by surprise, often in the form of an audit notice from the IRS. Some marijuana businesses in Colorado, California, and other marijuana-friendly states have taken the IRS to tax court. This year, Allgreens, a marijuana shop in Colorado, successfully challenged an IRS policy that imposed about $30,000 in penalties for paying its payroll taxes in cash — common in an industry in which businesses cannot get bank accounts. “We’re talking about legal businesses, licensed businesses,’’ said Rachel Gillette, the executive director of Colorado’s chapter of the National Organization for the Reform of Marijuana Laws and the lawyer who represented Allgreens. “There’s no reason that they should be taxed out of existence by the federal government.
Anonymous
Balashov found Davout seated on a barrel in the shed of a peasant’s hut writing—he was auditing accounts. Better quarters could have been found him, but Marshal Davout was one of those men who purposely put themselves in most depressing conditions to have a justification for being gloomy. For
Leo Tolstoy (War and Peace)
for an individual/HUF having income as a proprietor or a working partner from a business or profession whose accounts are required to be audited, the due date of filing the return is September 30.
Jigar Patel (NRI Investments and Taxation: A Small Guide for Big Gains)
Auditors “Breaking Bad” This Chapter is about: Public Corporation accounting can now be cooked as easily as making Meth in a motorhome…in the style of “Breaking Bad”. Farming Humans Trick #25. It is important because: It allows a “Paint by Numbers” falsified pictures of reality. Investors take heed. "I would not hire you to audit the contents of my fridge”!! British MP addresses KPMG, during UK Parliamentary hearings into bankruptcy of firm (Carillion) that KPMG gave clean financial bill of health just six months prior to going under.
Larry Elford (Farming Humans: Easy Money (Non Fiction Financial Murder Book 1))
army of people paid to “gaslight” the public into thinking they are protected. Chapter 23, page 132. Trick #17 for Farming Humans is using stock markets to launder taxpayer backed, Fed created money to those who control the Fed. Chapter 25, page 136. Trick #18 for Farming Humans is the use of fake information to ensure that society never knows what is true and what is false. Elections, wars, headlines etc. Chapter 26, page 141. Trick #19 for Farming Humans is stimulation and distraction. This emotional hacking of humans is Trick #19 for Farming Humans. See Social Engineering: The Art of Human Hacking Book by Christopher J. Hadnagy Trick #20 for Farming Humans is the elimination of the Fairness Doctrine and 83 media regulations, including requirement for “honest, equitable and balanced”. Chapter 28, page 153. Trick #21 for Farming Humans is governments as handmaidens to corporations, not people. Chapter 29, page 157. Trick #22 for Farming Humans is in the invisible connections between government, professionals and corporations. Chapter 31, page 162. Laws, lobby groups, lawyers. Trick #23 for Farming Humans is a militarized police used to serve and protect power instead of people. Chapter 32, page 170. World Trade Organization, Occupy Wall Street, Black Lives Matter, etc. Trick #24 for Farming Humans is virtually zero enforcement of crime above a certain level of money or power. Invisible friends and powerful people cannot be prosecuted. Chapter 33, page 175. Trick #25 for Farming Humans is cooking the financial books. Chapter 34, page 180. Valeant Pharmaceutical, IFRS vs GAP accounting standards, audit numbers rigged. Trick #26 for Farming Humans is printing infinite money to exchange for finite goods…”let me handle that for you.” Chapter 35, page 184. Trick #27 for Farming Humans is public servants spying on the public, and not on the public servants. Chapter 36, page 188.
Larry Elford (Farming Humans: Easy Money (Non Fiction Financial Murder Book 1))
The more ambitious the OKR, the greater the risk of overlooking a vital criterion. To safeguard quality while pushing for quantitative deliverables, one solution is to pair key results—to measure “both effect and counter-effect,” as Grove wrote in High Output Management. When key results focus on output, Grove noted: [T]heir paired counterparts should stress the quality of [the] work. Thus, in accounts payable, the number of vouchers processed should be paired with the number of errors found either by auditing or by our suppliers. For another example, the number of square feet cleaned by a custodial group should be paired with a . . . rating of the quality of work as assessed by a senior manager with an office in that building.
John Doerr (Measure What Matters: How Google, Bono, and the Gates Foundation Rock the World with OKRs)
The most notable thing about the show in all its forms was the commercial. Since 1933, when the first “Calllll for Philip Mor-raisss!” spot went over the air, millions of cigarettes had been sold by a four-foot midget with an uncanny ability to hit a perfect B-flat every time. Johnny Roventini was a $15-a-week bellhop at the Hotel New Yorker when a chance encounter changed his life. Milton Biow, head of the agency handling the Philip Morris account, arrived at the hotel, saw Roventini, and had a stroke of pure advertising genius. Roventini was auditioned there in the hotel lobby: under Biow’s direction, he walked through the hotel paging Philip Morris, and he was soon in show business at $20,000 a year. As the brilliance of the ads became apparent to all, he was given a lifetime contract that was still in effect decades after the last “call” for Philip Morris left the air. He was a walking public relations campaign, reminding people of the product wherever he appeared. “Johnny” ads were prominent on billboards and in magazines. Always in his red bellhop’s uniform, he was “stepping out of storefronts all over America” to remind smokers that they got “no cigarette hangover” with Philip Morris. When MGM’s Leo the Lion died, it was said that Roventini was the only remaining living trademark.
John Dunning (On the Air: The Encyclopedia of Old-Time Radio)
And the whole IRS audit thing, how they froze all of his accounts.” What’s that, now? “Come again?” I blurt, staring at Sarah in a complete state of shock. “You know, how he has all this money and he can’t get to any of it because the IRS has frozen his accounts while they investigate the sale of his business?” I stare at Sarah in a complete state of shock. “You knew about that, right?” she asks, a bit anxious. I stare at Sarah in a complete state of shock. “Tell me you knew about that,” she says, pleading. “He wasn’t keeping it from you and your parents, was he? Was he? Oh, my God, he was!” I stare at Sarah in a complete state of shock.
Joe Barrett (Unplugged)
Despite the refusal of the Obama Justice Department to prosecute anyone at the IRS, it is clear that what happened was an epic clampdown on any conservative voices speaking or advocating against the president’s disastrous policies and in favor of patriotism and adherence to the Constitution and the rule of law. Over the course of twenty-seven months leading up to the 2012 election, not a single Tea Party–type organization received tax-exempt status. Many were unable to operate; others disbanded because donors refused to fund them without the IRS seal of approval; some organizations and their donors were audited without justification; and many incurred legal fees and costs fighting the unlawful conduct by Lerner and other IRS employees. The IRS suppressed the entire Tea Party movement just in time to help Obama win reelection. And everyone in the administration involved in this outrageous conduct got away with it without being punished or prosecuted. Was it simply a case of retribution against the perceived “enemies” of the administration? No, this was much bigger than political payback. It was a systematic and concerted effort to squash the Tea Party movement—one of the most organic and powerful political movements in recent memory—during an election season. [See Appendix for select IRS documents uncovered by Judicial Watch.] This was about campaign politics. It was a scandal for the ages. President Obama obviously wanted this done even if he gave no direct orders for it. In 2015, he told Jon Stewart on The Daily Show that “you don’t want all this money pouring through non-profits.” But there is no law preventing money from “pouring through non-profits” that they use to achieve their legal purposes and the objectives of their members. Who didn’t want this money pouring through nonprofits? Barack Obama. In the subsequent FOIA litigation filed by Judicial Watch, the IRS obstructed and lied to a federal judge and Judicial Watch in an effort to hide the truth about what Lois Lerner and other senior officials had done. The IRS, including its top political appointees like IRS Commissioner John Koskinen and General Counsel William J. Wilkins, have much to answer for over their contempt of court and of Congress. And the Department of Justice lawyers and officials enabling this cover-up in court need to be held accountable as well. If the Tea Party and other conservative groups had been fully active in the critical months leading up to the 2012 election, would Mitt Romney have been elected president? We will, of course, never know for certain. But we do know that President Obama’s Internal Revenue Service targeted right-leaning organizations applying for tax-exempt status and prevented them from entering the fray during that period. That is how you steal an election in plain sight. Accountability is not something we will get from the Obama administration. But Judicial Watch will continue its independent investigation and certainly any new presidential administration should take a fresh look at this IRS scandal.
Tom Fitton (Clean House: Exposing Our Government's Secrets and Lies)
While the administration is the expending agency of governmental resources, audit is merely the validation agency providing comfort not only to the government but also to the common man that the money extracted from him (as taxation) has been efficiently spent.
Vinod Rai (Not Just an Accountant)
We do this because a century and a half ago we embraced business as the dominant model for our outer and inner lives. Ours is an ideology of achieved identity; obligatory striving is its method, and failure and success are its outcomes. We reckon our incomes once a year but audit ourselves daily, by standards of long-forgotten origin. Who thinks of the old counting house when we "take stock" of how we "spend" our lives, take "credit" for our gains, or try not to end up "third rate" or "good for nothing"? Someday, we hope, "the bottom line" will show that we "amount to something." By this kind of talk we "balance" our whole lives, not just our accounts. Willy Loman speaks this way. Choosing suicide to launch his sons with insurance money, he asks, "Does it take more guts to stand here the rest of my life ringing up a zero?" He insists that a man is not a piece of fruit to be eaten and the peel discarded, but he does not see that a man is not a cash register.'°
Scott A. Sandage (Born Losers: A History of Failure in America)
Mornini, a plucky entrepreneur and self-described “eternal optimist,” likened periodic accounting to “watching a person stand up and dance in front of a strobe light. You know they’re dancing, but you can’t quite figure out what’s going on. And it looks interesting, but it’s hard to figure out all the steps in between.”66 Periodic accounting gives a snapshot. Audit is, by definition, a backward-looking process. Creating a complete picture of a company’s financial health by looking at periodic financial statements is like turning a hamburger into a cow.
Don Tapscott (Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World)
New York City keeps its allotment of sunshine in a Swiss bank account and tries to get by on the interest, which is compounded quarterly. In contrast, the Dakota sun is as open as the books of a village church steward, and even in September, after summer's big bucks have all been spent, it is so charitable no one would think of demanding an audit.
Tom Robbins (Even Cowgirls Get the Blues)
Fundamentally, blockchains are software protocols that allow multiple parties to operate under shared assumptions and data without trusting each other. These data can be anything, such as location and destination information of items in a supply chain or account balances of a token. Updates are packaged into “blocks” and are “chained” together cryptographically to allow an audit of the prior history – hence the name.
Campbell R. Harvey (DeFi and the Future of Finance)
No one can post a false transaction without ownership of the corresponding account due to the asymmetric key cryptography protecting the accounts. You have one “public” key representing an address to receive tokens and a “private” key used to unlock and spend tokens over which you have custody. This same type of cryptography is used to protect your credit card information and data when using the Internet. A single account cannot “double spend” its tokens because the ledger keeps an audit of the balance at any given time and the faulty transaction would not clear. The ability to prevent a double spend without a central authority illustrates the primary advantage of using a blockchain to maintain the underlying ledger.
Campbell R. Harvey (DeFi and the Future of Finance)
But Ernst & Ernst was an innovative firm. The Ernsts were the first accountants to advertise, and they blazed the path of combining audit and consulting services. The Ernst brothers understood that financial information was valuable, not only to investors, but also to managers, who could use the data to improve their business decisions. The Ernsts further saw the benefit of giving combined audit and tax advice. When the federal income tax was established in 1913, Ernst & Ernst immediately set up a tax department. If the Ernst brothers were concerned about potential conflicts of interest from simultaneously attesting to an audit and advising on taxes, strategy, and disclosure, they kept that to themselves. The Ernsts were visionaries, and had no time for prudish accounting old-timers. When the American Institute of Certified Public Accountants, a long-established accounting trade group, accused the Ernsts of violating its rules against soliciting and advertising, the brothers resigned their AICPA membership.17
Frank Partnoy (The Match King: Ivar Kreuger and the Financial Scandal of the Century)
When Landgren concocted false figures to explain some of the numbers in the financial statements, the auditors quickly found the fabrication and negotiations fell apart. W. E. Seatree, a lawyer and an accountant with Price Water-house, dashed off an angry letter directly to Ivar, in the formal style of someone who had proudly mastered the disciplines of both law and accounting during the early twentieth century: You will note that we did not certify the balance sheet. Mr Landgren’s letter is obviously an attempt to make it appear to you that he had accomplished something; but the fact that he had to resort to forgery to accomplish his purpose is the best proof of his failure. The euphemism, that he was going to issue a so-called copy of our balance sheet leaving out parts which were of material importance, does not disguise the true nature of his action.37 When Price Waterhouse lost confidence in Ivar, so did Fairburn and Diamond Match. Ivar tried to repair the damage by asking Jordahl to retain an independent outside accountant to vouch for their new US business. Ernst & Ernst, a reliable audit firm, completed a review of American Kreuger & Toll’s financial statements in June, but by then it was too late.38 The damage was done, and so were the negotiations.
Frank Partnoy (The Match King: Ivar Kreuger and the Financial Scandal of the Century)
Factom, an Austin, Texas, company that created an audit trail of financial documents’ changes, creating a model that, if it’s widely adopted, will eventually replace the whole industry of quarterly and annual accounting and auditing with something that happens in real time. Another player in this space is called, appropriately, Stampery. Stampery was founded by Luis Iván Cuende, a remarkable young Spanish entrepreneur who founded his first major software project at the age of twelve and at the age of twenty-one had amassed a reputation as one of the world’s most innovative hackers and developers. Stampery takes hashes of documents and records the trail of changes to them to the blockchain, providing valuable proof of status for companies involved in negotiations or litigation.
Michael J. Casey (The Truth Machine: The Blockchain and the Future of Everything)
Accfinoutsourcing Accounting Services Leads You Closer To Your Business Goals With Accurate Record-Keeping And Reporting As Well As Support On Financial Issues Such As Initially Account System Setup, Cost-Containment, And Financial Analysis & Auditing
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I appreciate you. If you have somebody else who has a Facebook ad account, I'd be happy to give them a free account audit. This audit will give that person a couple of ways to improve their ads. Usually we can save them 10-20% of their cost in just 10 minutes. There's no obligation. If they want to work with us, we will work hard
Frankie Fihn (Beyond The Agency Box: The Phoneless, Meetingless Digital Marketing Agency That Creates Lifetime Happy Clients Without Facebook Ads, Webinars, Google, or SEO)
One of the people leading the field in algorithmic auditing is Cathy O’Neil, the author of Weapons of Math Destruction. Her book is one of the catalysts for the entire movement for algorithmic accountability. O’Neil’s consulting company, O’Neil Risk Consulting & Algorithmic Auditing (ORCAA), does bespoke auditing to help companies and organizations manage and audit their algorithmic risks. I have had the good fortune to consult with ORCAA. When ORCAA considers an algorithm, they start by asking two questions: What does it mean for this algorithm to work? How could this algorithm fail, and for whom? One thing ORCAA does is what’s called an internal audit, which means they ask these questions directly of companies and other organizations, focusing on algorithms as they are used in specific contexts.
Meredith Broussard (More than a Glitch: Confronting Race, Gender, and Ability Bias in Tech)
Welcome to Adepts Chartered Accountants a leading professional Audit firm, practising in Audit and Assurance, Taxation and Advisory Services with a cumulative experience of 15 years. Adepts has grown by exceeding clients’ expectations in the provision of professional services. We have been committed to professional service excellence and quality to bring our best to clients to build confidence and lasting relationships.
Maha Ishaq
John Michael Vanderhider, the CPA with a heart for Houston and numbers. A proud graduate of Texas A&M, his journey led him to Deloitte as an Audit Senior Manager, mastering oil and gas intricacies.
John Michael Vanderhider
Color blindness" supports no one except a white society unprepared for challenging conversations on accountability.
Sarah Voels (Auditing Diversity in Library Collections)
If others qualify, it's a great going; if an auditor qualifies, it's not.
Vikrmn: CA Vikram Verma (Debit Credit of Life: from the good books of accounts)
The more ambitious the OKR, the greater the risk of overlooking a vital criterion. To safeguard quality while pushing for quantitative deliverables, one solution is to pair key results, to measure both effect and counter effect, as Grove wrote in High Output Management. When key results focus on output, Grove noted, 'the paired counterparts should stress the quality of work, thus in Accounts Payable, the number of vouchers processed should be paired with the number of errors found either by auditing or by our suppliers. For another example, the number of square feet cleaned by a custodial group should be paired with by rating of the quality of work as assessed by a senior manager with an office in that building.' -- Let the quantity goal be three new features, the paired quality goal will be fewer than 5 bugs per feature in quality assurance testing. The result - developers will write cleaner code. If the quantity goal is 50 million dollars in Q1 sales, the quality goal can be 10 million dollars in maintenance contracts, because sustained retention by sales professionals will increase customer success and satisfaction.
John Doerr (Measure What Matters, Blitzscaling, Scale Up Millionaire, The Profits Principles 4 Books Collection Set)
Biden should be the first motherfucker that wants to fucking make sure the audit ... he came on TV, fucking addressed the nation in fucking said we were extremists. Why don’t you just say, “hey, maybe these guys want to be heard?” We’ll talk to ... we’ll talk to Joe Biden. We’re not, we’re not fucking the NBA players that won’t even talk to Trump. We’ll talk to Joe Biden and we’ll talk to him. me: Who ... exactly would do that? Who would do the talking to Joe Biden? Like, is there an organization for what’s happening here? Dominican Guy: (proudly) I’ll talk to Joe Biden myself.
Ben Hamilton ("Sorry Guys, We Stormed the Capitol": Eye-Witness Accounts of January 6th (The Chasing History Project))
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In its latest audit of the federal government, the GAO concluded there are significant and material weaknesses in the accounting performed at all levels of the federal government.
Mark R. Levin (Plunder and Deceit: Big Government's Exploitation of Young People and the Future)
The integrity of accounting information is enhanced in three primary ways. First, certain institutional features add significantly to the integrity of accounting information. These features include standards for the preparation of accounting information, an internal control structure, and audits of financial statements. Second, several professional accounting organizations play unique roles in adding to the integrity of accounting information. Finally, and perhaps most important, is the personal competence, judgment, and ethical behavior of professional accountants. These three elements of the accounting profession come together to ensure that users of accounting information—investors, creditors, managers, and others—can rely on the information to be a fair representation of what it purports to represent.
Williams (Financial & Managerial Accounting)
Quinn wrote a script. He took the character Luke Gray out of the store and, in an inspired moment, renamed him Fibber McGee. He called his script Fibber McGee and Molly, but for some reason the agency people handling the Johnson account didn’t like it. They wanted to call it Free Air. It was, after all, about a middle-aged pair of married vagabonds who travel down America’s highways, stopping occasionally for gasoline and some engaging talk about Johnson’s Car Wax. But there was a problem with this title: Sinclair Lewis had used it on a short story and, as Yoder was told, wanted $50,000 for its release. So Fibber it was—perhaps the luckiest bad break in all radio. An audition record was made, and Johnson’s Wax bought the show. It would premiere on Monday night, April 16, 1935, with Smackout still running on the same (Blue) network, as a six-a-week quarter-hour feature at 10 A.M.
John Dunning (On the Air: The Encyclopedia of Old-Time Radio)
Action Steps 1. Audit your current skill set. You have more areas of competence than you think. Throughout your life, you have amassed knowledge and specialized skills in a wide range of disciplines. That knowledge and those skills can prove useful to you in future endeavors. For example, I have a degree in Finance and Investments. Upon graduating from college, I accepted an accounting position with one of the top automakers. I then became a stockbroker. Then, I moved into a career in IT. For the past 20 years, I’ve been a writer in numerous capacities. Along the way, I learned about server management, Wordpress development and search engine optimization. All of these ventures imbued me with skills I use every day - in my business and personal life. Your experience has likewise instilled within you a raft of specialized skills. Many of them will help you to tackle unfamiliar tasks and projects, even if they seem unrelated to your current and previous jobs. 2. Focus on your desired outcomes rather than the things that might go wrong along the way. One of our survival instincts is to plan for things that might go wrong. In some circumstances, that’s a valuable quality that protects us from harm. It prevents us from strolling down dark alleys in unpopulated locales. It discourages us from petting strange dogs. In other circumstances, however, it can hold us back. The instinct prevents us from pursuing opportunities that can lead to improved aptitude as well as personal and professional growth. By focusing on your desire outcomes, you’ll find it easier to ignore your inborn fear of the unknown. You’ll be able to dismiss the voice in your head constantly whispering “What if XYZ happens?” 3. Look for opportunities to learn new skills. The self-confidence you’ll gain will make you less fearful of tackling unfamiliar tasks. Achieving a high level of competency in any discipline requires repeated exposure and application. There’s no other way to attain proficiency. The problem is a lack of courage. It’s normal to feel hesitant, or even intimidated, when we’re given a new responsibility.
Damon Zahariades (The 30-Day Productivity Boost (Vol. 1): 30 Bad Habits That Are Sabotaging Your Time Management (And How To Fix Them!))
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The BCCI has repeatedly shied away from disclosure, citing itself as a private entity. However, it isn't completely private either, especially since it has monopoly rights over something consumed by a large number of people. It earns from franchise owners and television networks. They, in turn, recover their money from advertisers, who ultimately pass on advertising costs to consumers, built into the price products. Thus, the consumers, we Indians, pay for the BCCI. And since it is a monopoly, we have every right to question their finances. How does the BCCI price its rights? Where is the BCCI money going? The media and lawmakers have a chance to go after this completely feudal and archaic way of managing something as pure and simple as sport. Individuals are less important than changing the way things work. What needs to be at the forefront is sport; are we using the money to help develop it in the country? We don't have to turn Indian cricket into a non-commercial NGO, for that is doomed to fail. It is fine to commercially harness he game. However, if you exploit a national passion, funded by the common man, it only makes sense that the money is accounted for and utilized for the best benefit of sport in the country. For, if there is less opaqueness, there won't be any need to make influential calls or petty factors like personality clashes affecting the outcome of any bidding process. If we know where the money is going, there is less chance of murkiness entering the picture. Accountability does not mean excessive regulation or a lack of autonomy. It simply means proper audited accounts, disclosures, corporate governance practices, norms to regulate the monopoly and even specific data on the improvement in sporting standards achieved in the country. If a young child grows up seeing cricket as yet another example of India's rich and powerful treating the country as their fiefdom, it won't be a good thing. Let's clean up the mess and treat cricket as it is supposed to be: a good sport. Game of a Clean-up, page 50 and 51
Chetan Bhagat (What Young India Wants)
We can’t leave it up to the goodwill of companies and government agencies to do the hard work of auditing and refining their algorithms while shielded from public view. Instead, we need to create an expectation that they will do so, transparently, as part of a new era of algorithmic accountability. Many decisions that impact our lives will depend on it.
Rob Reich (System Error: Where Big Tech Went Wrong and How We Can Reboot)
Leaders of an organization, whether deliberately or inadvertently, set and reinforce the organizational values, norms, and expectations through their actions. Audit, accounting, and ethics experts have long observed that the “tone at the top” predicts the likelihood of fraud and other unethical practices. We believe that “tone at the top” also determines what signals are generated or not generated.
Gene Kim (Wiring the Winning Organization: Liberating Our Collective Greatness through Slowification, Simplification, and Amplification)