5 worst things that can happen in an audit

Aditya Maheshwari (CA in Practice) (35867 Points)

27 August 2010  

5 worst things that can happen during an audit.

 

1.      Getting in early only to find the manager who's got all the answers is not in today.

 

2.      Being asked to process a whole shed-load of material adjustments 1 hour before the audit is supposed to finish.

 

3.     Realising that the 'we - could - finish - a - week - early - and - have - a - jolly' budget has disappeared into thin air.

 

4.      Being shoved into a cold, pokey, little room in the basement with no windows, mobile phone reception, printer or copier, miles away from where all the people you need to speak to work and 12 floors from the nearest decent snacks vending machine.

 

5.      Finding out that your favourite prestigious audit client has gone bust and your audit partner has gone missing.