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The FD Question: Should an FD walk the plank for accounting irregularities?

31 Aug 2010, 10:45

As Rok FD Ashley Martin awaits his fate having been suspended on news that "serious failings" in its financial controls have been uncovered in one division of the business, should a finance director or CFO be fired if accounting or financial irregularities are found in any part of their business on their watch?

Current voting

Yes, with no exceptions or excuses - the FD must take responsibility

25%

Yes, but only if the irregularities are proven not to have happened on the previous FDs watch and that they emanate solely from the FD in question

48%

No, firing the FD wont solve the problem

25%

Not sure

2%

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