Hacker Timesnew | past | comments | ask | show | jobs | submitlogin

So the consulting firms are the ones being shaken down? Or what? I don't see how that's a "shakedown" for the company as if they are in compliance there's no need for them to pay for the "consulting shakedown" for better treatment. Unless you are talking at a systemic level where, in order to compete, companies HAVE to operate out-of-compliance and use these consulting arrangements in order to prevent being exposed.


I think op just meant that they do bad work for exorbitant prices. And gp showed some of the pressures that can drive firms to buy optional services from consulting firms: desire to maintain a "good relationship" or possibly just discounting and bundling.

Also, the big consulting firms are generally known for aggressive upselling. It's often a core part of their business model. Once you've got em on the hook...

So, TLDR: Not shakedown as in extortion, shakedown as in bad service for a bad price.


Yes - this.


Is being "in compliance" a guarantee of a clean audit? If so, is the suggestion that apparently corrupt audit firms are only corrupt in one direction? That seems unlikely.




Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: