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October 24, 2018


Michael Corcoran

Let’s do away with all audits and see how corporate governance oversight and the management behave. Hold them personally accountable.

Michael Corcoran

Let’s do away with the external audit requirement. Let’s hold the Board of Directors and management accountable to adhere to all regulatory standards. "Inspecting in" does not work. The biggest failures have nothing to do with GAAP and GAAS that these firms opine on anyway. It happens way before with strategy, oversight, monitoring and ultimate performance failures. Let’s turn it upside down.

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