An Education on How Audits Work In Real Life

[John Edgar Slow Horses]

Then why are we not seeing massive documentation of fraud?

We begin with the premise there is no massive fraud.

DOGE has to prove it. It has not so far.

 

[Stryder50]

Total propaganda based on hate

Total propaganda based on hate

Based on fifty plus years of observation and dealing with such.

 

[Stryder50]

Educating the Stupid on How Audits Work In Real Life | Monster Hunter Nation

monsterhunternation.com

Watching everybody I know on the left pontificating about the proper way to conduct audits, after getting their accounting degrees from the University of Internet this week, is absolute cringe for me.

Guys, listen, I say this with love… You don’t know dick about shit and it’s ******* embarrassing. Just stop. You sound like idiots.

So now, as a guy who used to be an auditor, who has defended companies from dozens of audits from different government agencies, I’ll try to correct some of your incredibly stupid NPC talking points you keep endlessly barfing up.

First off, you need to know there’s a difference between an outside audit and an internal audit. An outside audit is when somebody who isn’t part of your company comes in and checks your stuff. This could be one of the fifty something government agencies that audit people/businesses, or this could be an outside CPA firm making sure you are in compliance for some reason (like the company is publicly traded). I’ll talk more about what CPAs are in a minute.

Then there are internal audits, where the person in charge has his own people audit his company, looking for problems, hoping to have everything in order before those 3rd party outsiders show up to check, or searching for fraud, waste, and abuse… You know, those annoying things that tend to screw you over and put you out of business. That’s the kind of auditing I mostly did.

An internal audit is what Donald Trump (the man in charge) is doing now, by having his people (DOGE) audit the executive branch he runs. CEOs and owners do this all the time.

You do not need to be a Certified PUBLIC Accountant to be part of an internal audit team.

In fact, even most CPA firms, auditing the biggest corporations in the world, the majority of the auditors doing the grunt work are NOT CPAs. Most government auditors are not CPAs.

CPA is a particular certification required for a few particular types of accounting, and that isn’t even close to what DOGE is doing.

Also most of the auditors for those big firms are YOUNG. They are usually around 24, because those are the dudes that the big firms can work 80 hours a week and they won’t just keel over and die. They do this kind of work BEFORE taking the CPA exam if they want to go that route, and most of them don’t, because they end up going from auditing into some other form of specialty.

These young auditors make up a team which is usually supervised by an NCO type who has got 5-7 years of experience (and may or may not be a CPA depending on the industry) and they all answer to somebody higher up, who has got the 10-20 years of experience. This will of course vary on the size of the company.

You do NOT need to be an accountant to be an auditor. Anybody who says this is a total dumb ass with zero grasp of how any of this shit works in real life. The people who make up your audit team are recruited from whatever skill sets are necessary to audit that particular system. I (the accountant) have been on audit teams with IT guys, programmers, lawyers, and even machinists. (why machinists, because I was auditing a factory, and I could count the parts, but I couldn’t tell you if the parts were bullshit or not)
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This guy skewers the left. "...after getting their accounting degrees from the University of Internet this week..."

Good information here. It's long past time that the government withstood the same scrutiny it applies to businesses.

There are two reasons people oppose it:
1. They're profiting from it, or
2. They were told to oppose it.

Neither group can be trusted.

There is a third reason;

They hate Trump and since it is being done via his Administration it has to be bad and evil in their delusional minds.

If Trump said the clear daytime sky on Earth is color blue, these Leftwingnut loonies would say it's pink.

Also, many are probably a blend of all three reasons.
Parasites and leeches will use any excuse.

 

[John Edgar Slow Horses]

Based on fifty plus years of observation and dealing with such.

You are a hater, son.

 

[Stryder50]

You are a hater, son.

Sorry charlie you are confused.
I don't tolerate haters like you, so your feelings are hurt.
FYI - my oldest son works for CIS and is one of those minority who earn their keep.

BTW, I'm about 30 years older than you, kid.

 

[John Edgar Slow Horses]

Sorry charlie you are confused.
I don't tolerate haters like you, so your feelings are hurt.
FYI - my oldest son works for CIS and is one of those minority who earn their keep.

BTW, I'm about 30 years older than you, kid.

You are showing your hurt and hate. Sit in your relaxer, have a beer, think of what is good in life.

 

[MarathonMike]

Educating the Stupid on How Audits Work In Real Life | Monster Hunter Nation

monsterhunternation.com

Watching everybody I know on the left pontificating about the proper way to conduct audits, after getting their accounting degrees from the University of Internet this week, is absolute cringe for me.

Guys, listen, I say this with love… You don’t know dick about shit and it’s ******* embarrassing. Just stop. You sound like idiots.

So now, as a guy who used to be an auditor, who has defended companies from dozens of audits from different government agencies, I’ll try to correct some of your incredibly stupid NPC talking points you keep endlessly barfing up.

First off, you need to know there’s a difference between an outside audit and an internal audit. An outside audit is when somebody who isn’t part of your company comes in and checks your stuff. This could be one of the fifty something government agencies that audit people/businesses, or this could be an outside CPA firm making sure you are in compliance for some reason (like the company is publicly traded). I’ll talk more about what CPAs are in a minute.

Then there are internal audits, where the person in charge has his own people audit his company, looking for problems, hoping to have everything in order before those 3rd party outsiders show up to check, or searching for fraud, waste, and abuse… You know, those annoying things that tend to screw you over and put you out of business. That’s the kind of auditing I mostly did.

An internal audit is what Donald Trump (the man in charge) is doing now, by having his people (DOGE) audit the executive branch he runs. CEOs and owners do this all the time.

You do not need to be a Certified PUBLIC Accountant to be part of an internal audit team.

In fact, even most CPA firms, auditing the biggest corporations in the world, the majority of the auditors doing the grunt work are NOT CPAs. Most government auditors are not CPAs.

CPA is a particular certification required for a few particular types of accounting, and that isn’t even close to what DOGE is doing.

Also most of the auditors for those big firms are YOUNG. They are usually around 24, because those are the dudes that the big firms can work 80 hours a week and they won’t just keel over and die. They do this kind of work BEFORE taking the CPA exam if they want to go that route, and most of them don’t, because they end up going from auditing into some other form of specialty.

These young auditors make up a team which is usually supervised by an NCO type who has got 5-7 years of experience (and may or may not be a CPA depending on the industry) and they all answer to somebody higher up, who has got the 10-20 years of experience. This will of course vary on the size of the company.

You do NOT need to be an accountant to be an auditor. Anybody who says this is a total dumb ass with zero grasp of how any of this shit works in real life. The people who make up your audit team are recruited from whatever skill sets are necessary to audit that particular system. I (the accountant) have been on audit teams with IT guys, programmers, lawyers, and even machinists. (why machinists, because I was auditing a factory, and I could count the parts, but I couldn’t tell you if the parts were bullshit or not)
========================================================

---

This guy skewers the left. "...after getting their accounting degrees from the University of Internet this week..."

Good information here. It's long past time that the government withstood the same scrutiny it applies to businesses.

There are two reasons people oppose it:
1. They're profiting from it, or
2. They were told to oppose it.

Neither group can be trusted.

Good info! I only disagree with your assessment that DOGE is an internal audit. What makes them very effective is they are true OUTSIDERS as opposed to, say, the GAO which was clearly an internal accounting agency who are as worthless as tits on a bull.

 

[Greenbeard]

Then why are we not seeing massive documentation of fraud?

We begin with the premise there is no massive fraud.

DOGE has to prove it. It has not so far.

Does seem sort of odd we're two months in and they've found zero fraud so far. You would think even a shitty "auditor" would have found something by now.

 

[candycorn]

And newsflash. Cutting the fraud, waste, inefficiency etc. out of necessary programs INCREASES the probability that the people will get their benefits. It takes nothing away from them.

Wow, that quote didn’t age well.

 

[Delldude]

Hear you go, tard.

She hates her fn husband..

Same guy who said Jeffrey Epstein is a consummate liar

Author Michael Wolff claimed in his new book, All or Nothing: How Trump Recaptured America, that Melania Trump "hates" her husband. During the campaign, she made few appearances apart from attending the Republican National Convention.

 

[DGS49]

I have quite a bit of experience in being audited in the public and private sector. In my experience, an internal audit is most often done by people who know how things are supposed to work in the organization. For example, the parent company audits subsidiaries to make sure that accounting is done consistently with the other subsidiaries or divisions, so that reporting makes sense. They check the way things are done in accordance with the parent company's policies.

An external audit is more like, Does what you are doing make sense? This is what DOGE is/was doing. They are looking at the legitimate objectives of the Departments, Agencies and offices, and seeing whether their effort (and our money) is furthering those objectives. This was most obvious with USAID. They were spending large amounts of money for no good purpose - at least no purpose that served the interests of the United States.

In a massive bureaucracy this is something that must be done periodically. When it is, you are constantly encountering time-consuming tasks and reports that either nobody is reading, or are pointless. People who are doing things that are outside the legitimate scope of the office, or totally unproductive.

An IRS audit is a different thing altogether. They are looking to find accuracy, traceability, and legitimacy. Most of my experiences with the IRS have been favorable, both personally and in business.

 

[rightwinger]

DOGE was a disaster whose sole purpose was to dismantle the Federal Governments

Its staff was made up of inexperienced 20 year olds intent on destruction

 

[JohnDB]

When it doesn't require much intelligence to figure out that fraud is happening on a massive scale....

in truth....I want a refund,
and if a politician claims that they need to raise taxes.....they are gonna need hearing protection from the roar of eloquent and loquacious "no" being said.