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Eurosceptic Bloggers

Thursday, June 16, 2005

How to Audit

In the world of Auditing, the EU holds a similar privileged position as the Late John Paul II does in the family planning business or Sudan in the field of human rights. It has nothing useful whatsoever to say. Which is unfortunate when the said body, despite not having a moral leg to stand on, has the power to make its will law.
The EU's statutory audit directive, which could become law across the EU in two to three years, was drafted in response to corporate governance scandals such as the Parmalat affair.
Its like trusting a dentist who has no teeth of their own. (To any American Readers, No that’s not common in Great Britain).

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