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Business Quote by Don Tapscott

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““Mornini, a plucky entrepreneur and self-described “eternal optimist,” likened periodic accounting to “watching a person stand up and dance in front of a strobe light. You know they’re dancing, but you can’t quite figure out what’s going on. And it looks interesting, but it’s hard to figure out all the steps in between.”66 Periodic accounting gives a snapshot. Audit is, by definition, a backward-looking process. Creating a complete picture of a company’s financial health by looking at periodic financial statements is like turning a hamburger into a cow.””

Don Tapscott

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