I had an interesting meeting with Dennis Howlett on Friday.

It was a very broad ranging discussion including accounting issues - primarily mark-to-market - but also regulation, ethics and the need for the audit profession to find a way to express its opinion without fear of regulators and litigation.  Dennis has kindly prepared what I regard as a fair summary of these aspects of our discussion and rather than repeat this myself you can read it all on Dennis's blog.

We also discussed the merits of 'blogging' and what we both hope to achieve from our blogs ? and whether they work or not.  I think they do otherwise I would stop doing this!  As I said to Dennis the challenge is getting an appropriate balance and not spending all my time blogging and responding to others.  I think Dennis will also be writing about this aspect of our discussion and I hope that it might encourage others to join the 'blogging community'.  If we are to develop a more proactive voice for the audit profession blogs could certainly help.

 Mark to Market  1 Comments May 18th, 2009