Implausible deniability

09.08.2006
Another audit season has drawn to a close: deadlines have been met (or,

at least, not missed by a material amount) and there is a sense of

relief that all the results have been correct and reasonable.

The audits in question are for OFTA, the Hong Kong telecommunications

regulator, and we assist with them annually on behalf of several

clients. In the aftermath, the same discussion arises year after year: