Sclafane Praised For 'Telling It Like It Is' About Audit Pressures

Sclafane Praised For ‘Telling It Like It Is’ About Audit Pressures

Bravo to Susanne Sclafane for telling it the way it is! I hope that her April 29 column (“The Pressure to Deceive: Confessions Of A Former Auditor,” page 14) spurs a strong, healthy level of discussion and debate in actuarial, audit and accounting quarters. Most importantly, I think it’s high time that all the players realized that their true client is often the public.

Sue SzkodaPresidentSzkoda Actuarial ServicesMarietta, Ga.

To The Editor:

As a former regulator and current CPA, I found Susanne Sclafane’s column of April 29 right on point as to the financial pressures on the auditing firms and their actuaries to attest to loss reserve numbers that are agreeable to their clients.