Control function: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
Line 7: Line 7:
*[[Tax lawyer|Tax department]]
*[[Tax lawyer|Tax department]]
*[[Financial reporting]]
*[[Financial reporting]]
And of course, the [[control function]]’s [[control function]], the good offices of [[internal audit]].


{{dramatis personae}}
{{dramatis personae}}

Revision as of 11:43, 19 December 2018

The sainted people who, because they are paid purely to worry themselves about whether the sky will fall in on our heads, are short an asymmetric option, in that if they let something through and it makes bags of money, they’ll see and get credit for none of it, but if it blows up in the Salesperson’s face, they’ll get fired for it while the Salesperson will feign (entirely genuine) ignorance.

Among others, the following:

And of course, the control function’s control function, the good offices of internal audit.

Dramatis personae: CEO | CFO | Client | Employees: Divers · Excuse pre-loaders · Survivors · Contractors · The Muppet Show | Middle management: COO · Consultant · MBA | Controllers: Financial reporting | Risk | Credit | Operations | IT | Legal: GC · Inhouse counsel · Docs unit · Litigator · Tax lawyer · US attorney Lawyer | Front office: Trading | Structuring | Sales |