Explaining the virtues of testing

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 effectiveContinue reading “Explaining the virtues of testing”

Reflections on the week just past

This past week has been an interesting one. I’m at a client for the third year now. This is the first time that’s happened, which makes sense since I just began the third year of work after graduating. Some reflections on the milestone: The first year I was green. I had about a week ofContinue reading “Reflections on the week just past”

Back to work after passing the UFE

It was my first day back to work today after passing the UFE on Friday, and I have to say it was pretty much like last Thursday. New client, but one I was at last year around this time. I can’t say as I felt more competent than last week, although inside I felt moreContinue reading “Back to work after passing the UFE”

Attending inventory counts

Part of any audit is attendance at the client’s inventory count. If the company being audited has material inventory in multiple locations, you’ll have to observe each count. I’ve been busy lately with inventory counts. Yesterday I went to one and counted washing machines and dryers. This morning I was counting packages of cottage cheese,Continue reading “Attending inventory counts”

Engagement letter update

Before accountants can get down to the business of providing service to clients, we have to issue what’s known in the biz as an “engagement letter.” Contrary to what I’d initially thought, this doesn’t tie me down to any one person for the rest of my life, for better or worse, in good times andContinue reading “Engagement letter update”