Honour amongst thieves
Interesting to notice that Directors never get fired, no matter how badly they've screwed up.
GJC
Redcentric CFO quits after botched accounts discovered
The chief bean counter at managed services slinger Redcentric has left the business with “immediate effect” following the discovery of multi-year accounting misstatements that will cost a minimum of £10m to rectify. The London Stock Exchange-listed biz made the admission about fiscal errors to the City this morning, and the …
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Monday 7th November 2016 14:26 GMT EngineerAl
How long can this sort of thing continue?
If I have a small business, and my accounts are goofed up by showing more profit than actually occurred, wouldn't the problems show up pretty quickly in my bank account (or equivalent)? How can large enterprises kite things for years without some one external noticing?
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Tuesday 8th November 2016 08:27 GMT Anonymous Coward
Re: How long can this sort of thing continue?
"How can large enterprises kite things for years without some one external noticing?"
EngineerAl, you appear to be thinking like an engineer - using facts, numbers, and logic.
You need to start thinking like some high flyers in the world of finance. Then all will become clear.
The end justifies the means.
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Tuesday 8th November 2016 03:44 GMT Anonymous Coward
"1 person has recommended Tim"
From a Geography degree in 1986 to an Audit Manager job at Price Waterhouse for five years.
Then five years in finance roles at BT, and another five at Worldcom. Then the gigs started being shorter - with the exception of five years at Northgate, three years was the maximum in any one role.
You know where I found this don't you. And I don't even have an account.
See also:
https://fdrecruit.co.uk/blog/general-news/interview-with-an-fd-tim-coleman
Biting the hand that feeds IT
