Description: Last week this blog spoke of how New Brunswick’s auditor general, Paul Martin, was about to face questions from a legislative committee on why so many staff (over one-third) have been leaving his office since the start of this year. But for Mr. Martin, it does not appear to have been all that much of a showdown. He attributed the departures to a hot job market for qualified accountants, and refused to disclose if any of the departures were due to firings.
Date: September 7, 2023
Source: cbc.ca
Discussion points:
1) If you were a graduating student who had received a job offer from the Office of the Auditor General of New Brunswick, would the uncertainty around the firing issue concern you?
2) Why do you think the job market is strong for professional accountants?
3) Page 10-27 of Wiley’s Financial Accounting: Tools for Business Decision-Making discusses the role of bond raters, organizations which can significantly impact a government’s cost of borrowing money through sales of bonds. Do you think bond raters would consider the findings in an auditor general’s report before setting that province’s bond rating?
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