I did my CA so long back that in those days flying was considered risky and sex was considered safe!
Well I did my articles in a firm called Sharp & Tannan. When our senior partner used to ‘finalise’ the accounts in his rather luxurious room WE have seen the clients sweat. He predicted the scam about 10 years before it actually happened! He gave up the extremely lucrative bank audit saying ‘they do not reconcile records properly…which means I do not know what I am signing’. 1980 or there abouts he gave up bank audits…scam happened in 1992.
Homi K Bilpodiwala of Sharp and Tannan had super high ethical standards…and the typical arrogance and style of a successful Parsi aristocrat! If he were in power ….well read on..the British law which is perhaps forcing them to do something…read on
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