When the hot-air balloon lifted off, the dawn weather was impeccable. Shortly thereafter, a terrible storm hit and engulfed the airship in thick clouds, heavy rain and unpredictable winds. After hours of bad weather, the pilot was relieved to once again see the ground, but the landscape was unrecognizable. Soon, however, he spotted a strolling figure and cried out, “Where am I?” The person on the ground shouted: “You’re in the basket of a hot air balloon!” The pilot cried out: “You must be a CPA!” The surprised stranger answered: “How did you know?” The pilot smiled and shouted, “Because you gave me very accurate but totally useless information.”The CPA on the ground in this after-dinner-speech ice-breaker reminds us of those in our profession, probably a majority, who still cling to the status quo in spite of plentiful evidence and common sense that it no longer serves the purpose that it once might have, many decades ago.

TWO SHORTCOMINGS

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