What do u hate most about the PCAOB?

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Their existence

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Before you say anything just know that our clients feel about us the way we feel about pcaob

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I wish they concentrated more on risk, instead of trying to identify the scent my intern left after a burrito run.

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Their inability to ask questions to understand before coming guns a blazing at something that is immaterial

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They no longer allow professionals to be professionals. The answer is test the shit out of everything and if it isn’t documented it didn’t happen (applies to both management procedures and audit procedures).

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Where do I begin....

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How people pronounce PCAOB...leavin letters out and all

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Everything

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Literally everything.

That many have a chip on their shoulders and act like a government agency. Seems they are trying to prove something to someone. I’ve spoken with many of them privately and it’s more political than ever compared to when it was first formed.

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Is my understanding of 12-month forward NPV, correct?

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