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 […]
Category: Auditing ↓
Dueling perspectives on internal audit
September 9th, 2009 · 1 Comment
Category: Auditing
Tags: career, creativity, internal audit, internship, travel, work
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 […]
Category: Auditing
Tags: ethics, external audit, independence, internal audit, KPMG, PwC, Rentokil Initial
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 […]
Category: Auditing
Tags: computer science, programming, pseudocode, systems
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 […]
Category: Auditing
Tags: assertion, audit, client, test
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, […]
Category: Auditing
Tags: Big Four, Catapult Communications, Deloitte, small cap, Stonefield Josephson

