Category: Auditing ↓

Dueling perspectives on internal audit

September 9th, 2009 · 1 Comment

A guest post by an intern in Internal Audit was recently featured on another accountant’s blog, I Want To Be A CA, and I was first alerted to it by Krupo’s post title bait. The post is not compli­mentary about internal audit, but the support for its thesis is so flimsy and based on purely […]

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Rentokil-KPMG deal seen to threaten independence

August 6th, 2009 · 2 Comments

The news that KPMG has snapped up the audit of Rentokil Initial from rival PwC brings with it renewed concerns around the indepen­dence of firms providing additional services as well as opining on financial state­ments. Under the arrangement KPMG would undertake all the statutory respon­si­bil­ities associated with an external audit, while also ‘delving deeper’ and […]

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Programming and auditing

May 29th, 2009 · 2 Comments

A recent post on Coding Horror on pseudocode reminded me of my work as an internal auditor. You might think it’s strange that a blog post on a programming/development technique would make me think of auditing – well, you’re right. It is a little weird. But hear me out. Pseudocode is called that because it’s not […]

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Explaining the virtues of testing

March 28th, 2008 · 3 Comments

One of the most challenging aspects of my job as a public accountant and auditor is explaining to clients why I’d like to do what I need to do. Frequently you’ll find in your position as the auditor that client employees will enjoy seeing you twist in the wind and will find the most effective way […]

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Are small-caps better served by mid-size firms?

January 17th, 2008 · 3 Comments

A little late, but a blog post at CFO.com about the level of service a small-cap public company can expect to receive from a Big Four auditor compared to a mid-size firm seemed inter­esting enough to share: CFO.com reader Kunal Ganguly wrote us to say a company of Catapult’s size, with its $102 million market cap, […]

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