Three Fundamental Questions to Ask in Audit

Are you teaching your team the real work or just the compliance work?

By Alan Anderson, CPA
Transforming Audit for the Future

Instant download:
The New Manifesto for Accountants.

When I started in accounting, we wrote audit programs out by hand, and we thought about what it was we needed to do to carry out our audit procedures.

And then, the firm got a copy machine. That started the arts and crafts period of public accounting.

MORE: The Big Issues in Audit: Frustration, Inconsistency and TechnologyFive Ways to Increase Audit Efficiency | Early Adopters Gain an Edge in AuditTalent Retention: Five Tips for an Audit AdjustmentSix Benefits of an Internal Audit | The Ten Financial Controls That’ll Make You a Hero | Five Cash Reports You Can’t Live Without | When an Audit Is a Great Thing
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

Because we were going to do the same as last year, every year we would make a copy of last year’s hand-written audit program, cut out the sign-offs, tape that on a new page, make sure to draw the lines for the sign-offs, and then we’d make a copy of that. Then we had our audit program for the new year.