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I hope she wasn't surprised. People who listen to their managers get promoted.
by watertom 6y ago
I hope she wasn't surprised. People who listen to their managers get promoted.
- arethuza 6y agoI think being told not to find so many problems she could perhaps have coped with - having someone who was apparently unconscious most of the time promoted ahead of her was what really did it. NB It was financial auditing not IT.
- jacquesm 6y agoWell, it is clear that he was promoted because he wasn't interested. It allowed the rest of the people there to get away with stuff that they shouldn't have been doing. Leaving was the best option that your wife had, in such a case you really don't want to stick around until the house burns down.
- cutemonster 6y agoIs the point, from the company's point of view, to just have some people on its payroll with certain job titles, so looks fine to people outside? To make gov agencies happy? Or investors? -- who are those who care (And good if they do mostly nothing)
- znpy 6y agowhat's the legal liability in omitting a problem you've found during an audit? not for the auditing company, for the auditor.
- arethuza 6y agoIt was an internal audit role and she wasn't a professionally qualified accountant.
- Jtsummers 6y agoSo no legal risk, but there is still professional risk. When external auditors come in or an issue is found that impacts customers, they could scapegoat their internal (deliberately made useless) team, fire them, and have a go at using that as part of their defense/response. The higher-ups would be ok if they can pull it off, but your wife would've been out a job and with an inability to get a reference from them (beyond the basic: She was employed here from X-Y). Best plan for everyone is to get out of shady companies like that ASAP.
- cutemonster 6y ago> shady companies like that Ok so that's not how things usually work? In most? companies internal auditors do real work, would you say? (I'm clueless)
- Jtsummers 6y agoIn my experience, yes. They certainly don’t tell people to slow down or ignore findings.
- jacquesm 6y agohttps://en.wikipedia.org/wiki/Arthur_Andersen https://en.wikipedia.org/wiki/Arthur_Andersen For the individual auditor: if you're a chartered/certified accountant you can get into a lot of hot water, including possible jail time.
- bardworx 6y agoThankfully there are very strong incentives for audit companies not to f-up. They themselves are not audited and are not public. Their reputation means a lot to them. With this situation, there is a reasonable expectation for EY to lose clients. Partners will also face some consequence. Most likely they will be let go and removed from accreditation by CPA (in the US). There are several high profile cases where partners get sacked[0]. [0]: https://www.ft.com/content/5179fb94-fd6c-11e8-ac00-57a2a826423e https://www.ft.com/content/5179fb94-fd6c-11e8-ac00-57a2a8264...
- purple-again 6y agoPartly false. We were audited every year by one of our competitors. There is a strong likely hood that the reason she was told to stop finding problems is because the de minimus limit (the dollar figure at which we don't care) is truly, and I mean TRULY massive for the kind of companies that are audited by EY, PWC, KPMG, and Deloitte. I refuse to believe for one second that a serious issue was swept under the rug by a senior or manager. As for the guy sleeping in cupboards...the staff at those firms reguarly work 80 hour weeks (not the "I work 80 hour weeks counting all kinds of stupid things" but the "I was at the client site or in the home office for 80 hours this week". It was a very common occurence for hard working staff members to take naps at the client (most likely because last night was a 2am night). Promotions at these firms are often very competitive as the organization is an "Up or out" organization designed to chew up fresh college grads. The peer review is conducted by an independent evaluator, known as a peer reviewer. The AICPA oversees the program, and the review is administered by an entity approved by the AICPA to perform that role. 2. The peer review helps to monitor a CPA firm's accounting and auditing practice (practice monitoring).
- whatshisface 6y ago>There is a strong likely hood that the reason she was told to stop finding problems is because the de minimus limit (the dollar figure at which we don't care) is truly, and I mean TRULY massive for the kind of companies that are audited by EY, PWC, KPMG, and Deloitte. I refuse to believe for one second that a serious issue was swept under the rug by a senior or manager. That's a big claim for you to make given that you don't know the company, the size of their clients, or even whether or not anyone went to jail over the proceeding decades.
- dylan604 6y agoThe other person was probably told to stop finding problems as well, and he was complying. I once told a manager the only way to not do what I was doing would be for me to be asleep. Hell, maybe it was so easy he could do it in his sleep?
- ben_w 6y agoPerhaps this is naïveté on my part, but I imagine that if I worked for an organisation whose explicit purpose is to look for things which need fixing or certify that no known issues are present, I would be surprised if “shoot the messenger” was — even metaphorically — a real policy. I would also ask myself how far the rot went, because if (for example) this organisation was also supposed to audit the government and yet promoted those who “slept in a cupboard” over those who worked diligently, then I would expect the country to suffer a very large and very surprising economic disaster.
- arethuza 6y agoNote it was an internal audit role - not acting as an external auditor working for an accounting company.
- ben_w 6y agoWhile that is worth pointing out, I would still be concerned in such circumstances. As I say, perhaps naively so — I have no familiarity with the norms of that industry.
- olivermarks 6y agoThe problem is when internal auditors highlight major issues it is the internal auditor who is disgraced and fired
- macintux 6y agoWhistleblowers are very rarely welcomed in any business or government context, which is most unfortunate.
- arethuza 6y agoWell, she did leave accounting completely and did something else entirely - so I think it is fair to say that she was concerned!
- 6y ago
- nomel 6y agoI tried this once and it resulted in my lowest performance review on record. So, it depends on the manager.
- xondono 6y agoI once had a technical discussion with my manager, he wanted me to use a technical solution that did not work, while making me fully responsible for the result. In the end I implemented both my solution and his. Mine worked like a charm, his literally caught on fire (it was power electronics development). Got fired anyway...
- Chris2048 6y ago> he wanted me to use a technical solution that did not work, while making me fully responsible for the result Just say "yes", and work on your job-hunting instead.
- cutemonster 6y agoWhich solution did they end up using, if any? (Or was his damaged permanently because of catching fire) Makes me slightly wonder if the manager had hidden motivations and didn't want the project to succeed
- xondono 6y agoThey hired a junior make sure he would do as he was told to, and developed my solution. In the end, “my solution” was what anyone would have developed after some research on the problem. The manager was one of the company owners, so he was well motivated, but he was an academic with little world experience that though he knew better than the industry.
- nomel 6y agoThe largest pop/fire I saw in some past power electronics work was a poor implementation in trying to combine the output of multiple DC-DC converters. The original caught fire in front of a potential customer, in a demo. What I saw was a repeat of the experiment, in the lab. A manager that would always say "just add more capacitance" was involved. I guess firing and fires go with managers like that.
- throwaway2245 6y agoIt is not always a manager's motivation to get you promoted. Sometimes their motivation is to keep you where you are.