Parkinson's law for accountants and auditors

The law of triviality:

The time spent in discussing any item in the accounts will be in inverse proportion to its size.

According to Peter Vaines and Roger Nuttall in their book "The Bottom Line"

Why is there always a vacany for a Finance Director?

If the FD is really good, he will be headhunted - leaving a vacancy

If the FD is really bad, he will be fired - leaving a vacancy

If the company prospers the FD may well land the top job - leaving a vacancy

If the MD dies or retires only the FD has sufficient familiarity with all aspects of the business to take over - leaving a vacancy

If the company is doing badly, the FD will know first and will leave before anybody else finds out - leaving a vacancy

(According to Peter Vaines and Roger Nuttall in their book "The Bottom Line")