Little girl (age 9) from Scotland starts blog, NeverSeconds. It goes viral!
If blogs can be written by a 9-years-old girl and can evoke change, then why is it difficult for so many professors and accountants to get started?
Wow! I picked a winner. From BusinessInsider, “Google Chrome Just Passed Internet Explorer To Become The World’s Most Popular Web Browser.”
Google Chrome has been my browser of choice for the past 12-18 months. Prior to that it was Firefox. Prior to that, I don’t remember. Oh, I sometimes use Opera.
No surprise here. From Forbes, “IBM Study: If You Don’t Have a Social CEO, You’re Going to be Less Competitive.”
I’m sure the same characteristic applies both to CPA firms and individually to accounting and finance professionals. Hint: a firm hiring an outsider to do all social media activity is not the same as having a social CEO.
Unbelievable! So says Francine McKenna. So say I. From Bloomberg, “SEC Staff Ends Probe of Lehman Without Finding Fraud.”
The final item in this week’s list comes from Caleb Newquist of Going Concern. Caleb’s blog is so well done, he was named to Accounting Today‘s list of most influential people in accounting. In his story, “The Dixon, Illinois Fraud Is the Latest Example of Why Reasonable Assurance Is Bullshit,” Newquist is highly critical of today’s audit:
See? Audits can be great and fraud can still happen! And we wouldn’t be shocked! OR audits can suck and fraud can still happen! And we wouldn’t be shocked! There’s really nothing you can do. The good professor knows, as all auditors, that most people out there don’t have any idea of what an audit really is. Fine, an expectations gap. It’s a crock, but again, there’s really not much you can do about it. You an try to explain to your cousin in Dixon why it’s not the auditor’s job to detect frauds like this and (s)he would look at you, confused, and say, “Then what good is it?” AHA!
Debit and credit – - David Albrecht