Real believers in their own work, aren’t they?

Everyone trusts FTM more than auditors and yet everyone must be forced to use auditor results?

As to why this is true I’ve no idea:

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9 thoughts on “Real believers in their own work, aren’t they?”

  1. We can presume all eight of the people who’ve heard about the Fair Tax Mark have been canvassed then? One of them has a brother-in-law who’s an auditor?

  2. Your regular reminder that the FTM is now 7.5 years old and has accredited 60 companies against a business plan that said they’d get to 350 in 3 years.

    Lots of press when they got FTSE 350 Go-Ahead group onboard, not so much funfare now they’re not listed.

    Seems they’ve stopped publishing the accounts, but they are public and show 2019 turnover was £250K of which only half was from the mark, the reset being grants. Seems Fair Tax Marks are cheap, and still no-one wants one.

    It continues to be a flop.

  3. Not to be a pendant, but for their claim (6/7) to be true, there would need to be (a) information on which auditors have opined but on which FTM is silent and (b) information on which FTM has opined but on which auditors are silent. We have lots of (a), and indeed some information where both auditors and FTM have opined. But we don’t have any (b). So we simply cannot know whether people trust FTM more than auditors.

  4. Dennis, The Peak of Mental Health

    We can presume all eight of the people who’ve heard about the Fair Tax Mark have been canvassed then? One of them has a brother-in-law who’s an auditor?

    Actually, he polled the voices in his head.

  5. We also have lots of evidence from what people actually do, rather than what they say when polled by those terribly nice people from FTM.

    Their revealed preference is they don’t give a flying fuck about tax.

  6. Wasn’t there a few companies who virtue signalled by joining the FTM but whose actual practises would fall foul of the FTM’s rules?

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