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Can't believe I was an auditor

My interactions with our current auditors always helps reinforce in me that my decision to leave was the right decision, but it actually takes it further - it makes me wonder - how the heck did I survive for so many years in audit. When I hear their questions, many of which are purely for PCAOB documentation purposes, I just want to walk away because I'd rather waste my time watching paint dry than answer such non-value added questions. 

I even frequently ask them why they continue to stay in audit. And from what I hear in my old firm, life's still the same. People constantly complaining, the Firms saying that things will change, but it isn't really. And life goes on. Factory model.

Look, auditors add value, don't get me wrong. But there's a lot of non-value add in what they do. I get it, it's not their fault, it's the system and the regulation board. But man - can't believe I used to do that.

Comments

Unknown said…
Dear Blogger

Would you be interested if I invite you to review my company's financial statements? I'm willing to pay you double the hourly rate you're getting now.

My company is dormant and has an investment in an overseas subsidiary, which is also dormant. However, I suspect my accountant adopted the wrong accounting entries, and wrong financial statement disclosure.

My email address: 76chenr@gmail.com

Let me know, thanks!
November 23, 2015 at 5:31 AM
Unknown said…
As a PwC alum I can understand what you are saying... It's a grind but I think the 3 years I put in were totally worth it based on the fact I got to see so many different industries and get to learn exactly how successful (and unsuccessful) companies run.

It's easy to get lost in the mundane details, but I still wouldn't replace those three years for any other job just because of where that experience has gotten me in my career.

I hope you feel the same way?

Cheers

Bryan Kesler, CPA
December 4, 2015 at 11:55 AM
Uhlenbrock CPA said…
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December 9, 2015 at 4:07 AM
Actony Inc said…
I never ever read such type of info before this was really incredible.

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February 15, 2016 at 10:39 PM
William Stinner said…
Great post I loved it! Very well written keep up the good work. Please visit http://goo.gl/xypLhe
February 23, 2016 at 2:28 AM
Victor said…
Lets be positive by looking at your contributions that brought positive change to that institution you worked for. Life as an auditor is not as bad as you portray .
June 16, 2016 at 11:05 AM
sidoega said…
Hello. I reached your blog when searching on the internet about blog internal auditors its very interesting, thanks for sharing
July 3, 2016 at 9:19 PM
Unknown said…
Congrat for this awesome blog it is goods for my referencesEnsiklopedia audit
August 18, 2016 at 8:01 AM
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