If there is one positive to come out of the malaise that hit the accounting profession like a side-impact crash, it's that the public, who couldn't discern the difference between an audit and an Audi, are suddenly paying closer attention to numbers.

They’ve learned, sometimes painfully, that an audit doesn’t necessarily carry a Hyundai-like warranty against fraud. Fraud is an unwelcome and eternal component of business, and like a nest of cockroaches in a crumbling tenement, very tough to exterminate.

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