The biggest misconception about accountants is that accounting is designed to detect fraud. An audit is not designed for that purpose, despite the capability to do so.
Goodbye 'accountant archetype.' Former CFOs are dominating the C-suite
'By the time I took over as CEO-even though you're never totally ready when something like that happens-it felt natural because there was this progression that had been taking place,' Shipchandler says.
Spirit Airlines CFO faces 'uphill battle' as airline navigates Chapter 11 process
Spirit Airlines has filed for Chapter 11 bankruptcy protection, aiming to restructure its $795 million debt while navigating challenges from the pandemic and failed acquisition attempts.