Now, I am an accountant. Yeah, yeah, not a boring one! The first rule of accountancy is prudence.
Now auditors are even more boring than accountants if that is believable. And they are even more prudent, checking to see that every last penny is accounted for.
So it is incredibly ironic to see how the Audit (yeah, that's right AUDIT) Commission has just lost £10,000,000 because it was invested in an Icelandic Bank.
Oh, how I laughed.
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