[keithvan]

A very interesting way to use the word ghetto. I even had to google just to make sure that it wasn't an obscure academic term, that the author wasn't using ghetto in its slang form for an article headline for a Forbes blog.

  Think of it this way, a CPA audit is like using a condom 
  that you poked with a needle.
  In theory, it’ll protect you from most of your problems, but not really.

This also had to be one of the worst analogies I've ever read in regards to the purpose of public accounting and audits. Audits are not to prevent fraud -- they are to detect fraud and also give assurance. It is not a condom, it is more like a medical check-up so you can tell the world that you are healthy.