This link's making the rounds amidst the big 4, an animated depiction of a hypothetical conversation between an auditor and his boss.
Some people think it's the most hilarious thing ever, but i'd have to give it a 6 on a scale of 10. They could have taken this much further, but even though the concept was great, the content wasn't exactly must-watch tv.
Does it truly reflect conversations amongst auditors? Snippets, yes. Are there bosses like that? Yes. Are there subordinates like that? Yes. Is it very common? Not really, but not too far off.