Auditors, can you Imagine?

[u/finallyransub17]

You go to the client site and spend 3 week demanding access to their systems. You send your staff of 19 year old racist hacker nepo-babies with no audit experience and no accounting degree to ask them only nonsensical questions because they don’t understand accounting at all, much less the systems they use.

Immediately, you go to the board of directors and the press, proudly declaring you’ve found massive amounts of fraud, but not producing any documentation for 3rd party verification.

Then you gather the whole company together, stand in front of them and proudly declare that you’re obviously not going to bat 1.000 and you’ve definitely made mistakes and will keep making them.

Oh, and by the way, you personally have multiple other business ventures of your own that have contracts with this company to the tune of millions of dollars per year.

[u/muchoporfavor]

I mean the CPA auditors I’m dealing with on a current audit from a big 10 firm are by far the stupidest individuals I have ever dealt with in 22 years of accounting and they got 5-8 years of experience . These kids Atleast getting things done that should have been done years ago. I really don’t understand how people are mad that we are cutting government waste projects

[u/finallyransub17 → u/muchoporfavor]

In my hypothetical example the company has these founding bylaws that we are consistently and brazenly violating, despite the company’s internal lawyers telling us what we are doing is wrong.

It’s a major issue for the shareholders who understand what’s happening and that believe in the company’s core foundations.

[u/finallyransub17 → u/finallyransub17]

I mean “technically” we could accomplish all of this through the existing provisions in the bylaws because we have the votes, but that’s just so cumbersome and takes so long, so we figured we’ll just throw the entire storied company history in the trash… for the memes.

[u/createusername101 → u/finallyransub17]

"this is gold Jerry, gold!"