Thursday, December 15, 2005

Professional Standards vs. the Museum

Here's the REAL headline from today's chapter on the Museum's crash:

Serious accounting problems at the Tirimbina center were revealed in a draft letter from Virchow Krause & Co., the museum's new auditing firm. It was given to museum board members, who reviewed audit issues in closed session Wednesday.

The letter said in part, "We found the books and records of the organization were not in the condition that we would expect for preparation of an audit."


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