A random mental walk.

Tuesday, June 28, 2022

Cheating on a CPA Ethics Exam

You can't make this stuff up. Correction: you can make this stuff up, but why bother.  Quoting Pat Sky: "Reality is bad enough.  Why must I tell the truth?"  

The accounting firm is Ernst & Young

E&Y fined $100 M cheated on CPA exams
(Italics are mine.)

The Securities and Exchange Commission said Tuesday that a "significant number" of the accounting firm's auditors cheated on the ethics portion of the Certified Public Accountant test and other courses needed to maintain the licenses.

To make it even better, a press release from Gurbir Grewal, director of the SEC's Enforcement Division, included this:

"It's simply outrageous that the very professionals responsible for catching cheating by clients cheated on ethics exams of all things."

On the other hand, some might view cheating on an ethics exam as another challenge to be passed. It calls to mind a Non Sequitur cartoon where someone touts the ability of his accountant by claiming that the IRS named a loop hole after her.

There is also the classic 2 + 2 joke (www.jokesoftheday.net/joke--nbsp-What-Is-Two-Plus-Two-/201512164, www.jokesoftheday.net/joke--What-does-two-plus-two-equal-/201605279, www.ebaumsworld.com/jokes/how-much-is-two-plus-two/82597645/, etc. although my favorite version involves a philosopher, a physicist, and an accountant being considered for a job.) The punch line invariably has the last candidate for a job, after carefully insuring that no one else will overhear what is said, asking in a whisper, "How much do you want it to be?"

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