Is this bird just dim or what?

This blog post is shared from the Corporate Accountability Network website. It is the presentation made by Meesha Nehru, a director of CAN, at its launch event on 12 July:

I remember when I first started looking at accounts as a non-financially-trained person. I couldn’t work out why there were 15 pages on Executive remuneration but barely even a couple of lines on employees and only small notes on tax.

Because the previous generation of taters baked such wibble about executive compensation into the accounts because they thought that’s what civil society needed to know. Or claimed to believe such at least.

21 comments on “Is this bird just dim or what?

  1. I assume Murphy thinks she’s also ideally qualified to run a clearing bank, having no financial or banking training at all.

    Anyway, never mind all this stuff Tim, what about the really important issues like Murphy’s new hipster look (as per his site photo), sporting the beard?

  2. I remember when I first started looking at how nuclear power stations worked, I couldn’t understand it because I knew fuck all about the subject. So I decided not to give opinions in the future about how they could be made to work better.

  3. I advise this spudette to peruse Río Tinto’s published accounts with its many pages of tax disclosures. In addition it publishes a massive separate report purely on tax, about 50 pages long if I recall. I lent a copy to Capt Potato. When he gave it back, there were some odd stains and several pages were stuck together

  4. I am a co-director of CAN who has been brought into the project not for my technical viewpoint – I am not an accountant – but because I come from the perspective of a user of accounts from wider stakeholder groups, specifically civil society, consumers and workers.

    As a researcher, for the Tax Justice Network, as a founding member of the Fair Tax Mark and having worked for Unite the Union, I have spent a long time poring over both large and small company accounts in the hope of finding the information that would empower the different interest groups I was representing to make informed choices, understand risks, and hold companies to account. However, I’ve often been left frustrated, as, often it seems, the data that I’m really looking for was just not there, was only partial or too vague to be of use.

    Fact 1: She has no education, training or experience in accounting.
    Fact 2: Her job is extracting specific types of information from financial statements.
    Fact 3: She is frustrated that she cannot extract said information from financial statements.

    Strange how that works, isn’t it?

  5. I’m not quite sure how a detailed admission of incompetence by Nehru on the CAN and TRUK websites enhances Murphy’s chances of getting funding for CAN.

    But that’s just me.

  6. @Bravefart – So, proof that Murphy IS hard up: he can no-longer afford disposable razor blades. I await his first post about razor blade poverty and how the government must (firstly) recognise that [in the absence of fresh funding] this is a serious problem, (secondly)… blah blah blah….

  7. I am a co-director of CAN who has been brought into the project not for my technical viewpoint – I am not an accountant – but because I come from the perspective of a user of accounts from wider stakeholder groups, specifically civil society, consumers and workers.

    If I were civil society or a consumer I’d sack for incompetence and then I’d wan’t to sack the person who appointed her.

  8. Lizardking: What’s the betting that he’s shagging her?

    Nah, he’s too busy trying to waddle through the institutions.

  9. There need to be several lines on employees: number this year, number last year, wages and salary this year, wages and salary last year, NI and pension costs this year, NI and pension costs last year, costs of employed directors (if there are any) each year.
    Does she have any fingers on which to count or is she restricted to thumbs?

Leave a Reply

Name and email are required. Your email address will not be published.