Discover and read the best of Twitter Threads about #ArthurAndersen
Most recents (1)
Auditors lubricate capitalism, keeping finance's gears smoothly a-whirl, so investors can move money in and out of companies without poring over their books or walking their facilities. Without auditors, capitalism's gears would grind to dust:
pluralistic.net/2021/02/18/ink…
1/
pluralistic.net/2021/02/18/ink…
1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2023/05/09/din…
2/
pluralistic.net/2023/05/09/din…
2/
Unfortunately for capitalism, auditing is irredeemably broken. The Big Four auditors (#PWC, #EY, #Deloitte and #KPMG) have merged to monopoly, becoming #TooBigToFail and #TooBigToJail.
3/
3/
