Quotations
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Joseph Wells Quotes
«Accountants don't currently learn what motivates fraudulent conduct, how to spot the signals, how to prevent fraud from occurring and much more. As it stands now, auditors are fighting a war without being taught how to recognize the enemy. Until that changes, expect more heavy casualties.»
Author: Joseph Wells
«I like the Juice, and I wanted to get a shirt signed.»
Author: Joseph Wells
«Just ask the people holding accounting degrees. 'How much did you learn about fraud in college?' The shocking answer: little or nothing.»
Author: Joseph Wells
«Untrained accounting graduates have been drafted to wage war against sophisticated liars and thieves. And as multi-billion dollar accounting failures have shown, it hasn't been much of a fight.»
Author: Joseph Wells
«[Finally, CPAs can only audit what is presented to them.] Under-the-table deals, sham transactions and the like can be easily concealed, ... Holding CPAs to a standard that requires them to detect all material fraud puts them in a no-win situation and they know it. Still, auditors can certainly do a much better job than they've done in the past.»
Author: Joseph Wells
«Under-the-table deals, sham transactions and the like can be easily concealed. Holding CPAs to a standard that requires them to detect all material fraud puts them in a no-win situation and they know it. Still, auditors can certainly do a much better job than they've done in the past.»
Author: Joseph Wells