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Living with a Scarlet Audit Letter Given a going-concern qualification, companies struggle to defy their auditors' prediction that they won't survive the year.

Sarah Johnson, CFO.com | US
October 21, 2009


Policy not a Rule

One should institute a policy that verifies on the validity of labour resignations as a sign that the company is probably heading for the cliff tops. Especially those of middle to upper management that seem to want to keep their jobs inspite of their executives wanting to jump ship because the vessel is going to hit an iceberg. Really a bottom up management constitutes a going concern approach with consensus from the top that the first one that sees an obstacle or land ahead gets rewarded.

Posted by Jon Tay | Oct 22, 2009 10:54 AM ET