One of the challenges of fitness for purpose

A common definition of quality data is data that is fit for purpose. Last week, I suggested that Steinhoff’s accounting shenanigans can be attributed (at least in part) to poor data quality and, more directly, to poor governance. Francois Marais’s Response to ‘a Steinhoff guide for dummies’ gives non-financial experts an understanding of what Steinhoff were doing.…