Ducati Sporting Club UK
Idle Chat
Still needs to be clean and of value to the club.
 
 
Thread Tools Display Modes
  #1  
Old 20-Apr-2006, 15:25
chicken's Avatar
chicken chicken is offline
Registered Forum User
Big Twin
 
Posts: 1,670
Join Date: Dec 2003
Mood: suck, squeeze, bang,......fart?
I hate how the blame for the decision is always heaped upon the "bean counters". Accountants have a bad enough time with the brown shoes and cheap suits jokes.

Big company accountants (I'm excluding small practices that advise smaller companies) are responsible for reporting correctly how the company has done in the past, not the future - that's one of the main reasons why I stopped doing it.

The buck stops with the CFO who will have been advised by his/her strategy department, combined with a long line of banking corporate advisors.

Alternative scapegoats are institutional investors and analysts (most of whom haven't worked a day in the industries that they are looking at) that pressure the company into doing things that might be good for the share price in the near term.

Rant over.
Quote+Reply
  
Thread Tools
Display Modes
Postbit Selector
Switch to Vertical postbit Use Vertical Postbit

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Recent Posts - Contact Us - DSC Home - Archive - Top
Powered by vBulletin 3.5.4 - Copyright © 2000 - 2025, Jelsoft Enterprises Ltd. - © Ducati Sporting Club UK - All times are GMT +1. The time now is 22:11.