4 ms·
>> both sides want a positive outcome (which shouldn't be surprising at all) Well, it is suprising to me. In my country, when there is some audit by governmen
by mamon 9y ago
>> both sides want a positive outcome (which shouldn't be surprising at all)
Well, it is suprising to me. In my country, when there is some audit by government agency, be it tax office, or stock market regulators the usual approach is that auditors won't rest until they find something against the company, some reason to fine it.
I think that auditors simply consider their time wasted if their come back to their office empty handed (i.e. without fining the audited company).
There are many cases where tax office made a company go bankrupt by first charging it with some crime, then blocking its accounts, then fining it. After few years of lawsuits company wins, court finds them innocent and orders refund of all the fines, but by the time this happens it is already too late: company is long bankrupt.
So I think you are lucky to live in a country where auditors are this friendly :)
- sah2ed 9y agoI think the parent is talking about periodic internal audits i.e. conducted routinely but you are referring to forensic audits which are conducted occassionally when there is suspicion of wrongdoing (e.g. manipulated tax returns, inflated contracts etc).