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It depends on whether accountants’ concerns here are about auditing and fining (indirectly) for non-compliance, or if they’re allowed and expected to block proj
by nobodyandproud 3y ago
It depends on whether accountants’ concerns here are about auditing and fining (indirectly) for non-compliance, or if they’re allowed and expected to block projects.
For SEC compliance reporting, I’ve seen banks take it both very seriously and provide the absolute minimum to pass muster such that the COs could barely do their jobs.
What’s clear is that the “same old” and “reasonable” approaches aren’t working, and a disruption is needed.