@theaccountingpodcast: Audit Deficiency Rates Are Unacceptable #accounting #accountant #accountingmajor #business #businesspodcast #podcast

The Accounting Podcast
The Accounting Podcast
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Friday 27 September 2024 14:15:15 GMT
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george12050
gms12050 :
can you name me any firm that could audit let's say Microsoft and give an unqualified opinion? I'm 70 years old I'm a CPA and I've never thought an audit was worth the papers written on.
2024-09-27 15:25:34
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m_achmed_t
Achmed :
Professional skepticism is at its lowest in the audit profession. Mainly due to profiteering from the auditors, inefficient audit workflows and inadequate resources.
2024-10-01 02:24:56
1
user8314617873761
jpgcpa2120 :
It’s only going to get worse. Unfortunately the firms have to cut corners to meet deadlines.
2024-09-27 18:03:42
0
2nhfromny
Joey :
Investors and lenders
2024-09-27 20:25:47
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jamie_hill_the_original
Jamie_Hill_The_Original :
I can’t imagine that private equity buying into firms will make things better from this standpoint.
2024-10-03 03:53:28
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paperclipsnova
paperclipsnova :
I'm no accountant. I did SCM/Logistics. Audited 100% govt inventory. 2013 no one cared about +35% shrinkage. Most ppl have decided to put their heads in the sand. Think, a 1/4 of a million, poof, gone
2024-09-27 16:05:24
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