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SkarbOna t1_iy0dre4 wrote

Reply to comment by Cheeseburgerbanter in [OC] 'Big 4' accounting firms are PwC, Deloitte, KPMG, and EY - breaking down how they make money by giteam

Auditors are giant joke. They understand jack shit from numbers they’re looking at.

Seeing problems where there’s none, completely missing out methodology client applied that intentionally or not (I can’t believe I’m saying this, but both consultants and accountants as high up as cfo, understood shit of what data were screaming to me) was over reporting some stuff.

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Asterbuster t1_iy0g6a7 wrote

You win, this is the dumbest comment in the whole thread. Not because of the take per se, but because you sound like 'geeks' in TV shows when script calls for "technospeak", you have no clue what you are talking about.

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SkarbOna t1_iy0q3xd wrote

Sorry about that. I am data fixated geek. Which part would you like me to explain? I can provide examples as much as I can disclose? Been doing regulatory and auditory reporting for few years now, and academic/fixed templates minds have 0chance to see what’s wrong with numbers based on process explanations that been provided, but will be picking up on most irrelevant nuances like I don’t know rounding numbers on excels they provided. Maybe it’s just my experience or maybe other people don’t care so much- don’t know.

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Asterbuster t1_iy0yuin wrote

You don't have the foundational knowledge about the topic to talk about it; this is evident from your comment about 'methodology', and the lack of understanding of what exactly is an audit and how audits are performed. There are lots of bad auditors out there, but Big4 know what they are doing with some minor exceptions (like in any field), your blanket statement about auditors is the same as yelling "I have no clue what I'm talking about".

Also, as self proclaimed 'data geek', maybe open a wiki article, it will clearly explain why audit is not 'a joke'.

PS if a high level wiki article knows more than you about a given topic, maybe consider not going around sharing your opinions with such confidence.

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SkarbOna t1_iy14rl2 wrote

What do you know about the topic? Seriously? I’ve been through audits first providing data then helping finance to answer follow up questions as I know more about operations than they do- maybe not the biggest company, but not small either.

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Asterbuster t1_iy15u56 wrote

I developed audit strategies and methodologies, led a number of audits of international multi-billion and smaller companies as part of Big4, including pre-IPO, US/UK/IFRS/SOX, as well as went through those audits as a client FP&A. I also developed curriculum for my Big4 that thousands of audit new hires went through.

You have a case of Dunning-Kruger.

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SkarbOna t1_iy17cf4 wrote

Ohhhh that’s why you felt so pressed. Good for you. My experience is different - maybe we should hire you then. I considered seeking for job there, but doesn’t like the fact that me finding out the dirt won’t make me popular. After all, one side can’t exist without the other so……

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Asterbuster t1_iy17wmd wrote

I don't feel pressed, no need to make assumptions, we already know you keep missing. I have left the field years ago and have no interest in it.

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SkarbOna t1_iy1948p wrote

Hope it was a loss for the industry. Your assumptions about me are extremely wrong.

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