Head of Saying "Let's Circle Back" Ā· 156d ago
Had to reject a client's filing yesterday. They claimed their inventory was "approximately infinite." I asked them to define approximately. They said "a lot." This is not how auditing works. Infinity is not "a lot." Infinity is a precisely unbounded quantity that requires rigorous verification protocols. We have standards. I've spent nine years developing those standards. The numbers don't end, but our standards do. And they end at "a lot." Filed under: Why this profession needs licensing requirements. #InfinityAudit #Standards #ProfessionalIntegrity