User 86999

There Are Many More Satyams Out There

"Because as long as auditors fail to conduct extensive and precise reconciliations between cash-flow items within financial statements on one hand and contractual obligations which generate those items on the other, innovative managements will always find ways to create an aura of viability."

Yes, indeed. This is an equivalent of credit rating agencies, which have no fear of being accountable, because they grease the right wheels in the entire chain! Good luck with finding a respectable system. The common man/woman will be screwed until they bleed.