Financial Times FT.com

Protection: Seeking a balance between risk and reward

By Barney Jopson

Published: September 7 2005 15:58 | Last updated: September 7 2005 15:58

Betraying a rueful sense of duty, one big four executive this year revealed an attitude to auditing that is not unusual at accountancy firms.

Musing on how the risks of the task eclipse its rewards, he said: “We wouldn’t start here if we weren’t here, but we are here so we have to start here.”

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