Being a hero in real situation

 

We watch the movie so much . In every movie a hero fights with their enemies who are evil and do injustice in our society . But in real, the situation could be differ from the movie. I’m sharing one of the story which happened with me where I did not know what do?

It was January 2007. I started my training. There  was first assignment given to me for statutory audit of a big company. The company was the biggest client of my firm among the other clients. I and my team went for the audit. In the beginning they were asking me too many questions like, Do you know about the audit?,Have you ever done the audit?, You can not do the audit. I asked to my employer for dealing with  this situation. He told me all the procedure.

The next day when I went to the client office. I called to the cashier and demand for the cash book. He said, “ Sir books are not ready”. I said, “ bring the books right now. He brought the books and all the voucher’s files. I started my audit. I observed each and every transaction carefully. I got that cash was short by 11 lacs rupees and so many fake vouchers were attached in the file. I called to the accountant and said to him, “What is this where is the remaining amount. He was shocked and unanswered. I told him again then he started  to pretend that these were expenses and vouchers has been misplaced. I said, “If you will not produce all the vouchers and disclosure I will mention in my report that there is an embezzlement in cash. He said, “Ok sir”.

 The 3rd day of my audit. I went client’s office took my morning tea. I called to accountant from the first floor where  he used to work he said that he was coming. I waited around 1 an hour and called again but he didn’t come. I went down and asked for him to come up. He came slowly towards me and said with whispering, “ Sir I am very sorry sir. I said, “ where is the vouchers. He said, “sorry sir I took that money for my personal purpose for urgent need of money. Please sir don’t report this otherwise the company will expel me from the office . I have been working for 9 years. My reputation will finish so please don’t report I have two children. If I will terminate from here no will give me a job now.

I was silent when he was speaking. I did not get  understand what to do. I was just 18 years old and very much younger for giving right decision. After a few minutes I answered, “You have to deposit all the remaining amount what you have taken for your personal use in two days. He said tearing eyes , “ definitely sir  I will” .

After two days I audited the accounts of cash balance. The accountant had deposited the mismatched account. I gave him a clean chit. But still a think that the decision which was taken by me was right or wrong .

 

Hey Navin...

 

1st of all thanks for sharing your experience.. This will help you ither to take decision if they come across such situation...

 

As far as decision taken by you is judgemental.. This may vary individual to individual... It depends upon many things.. Here i dont see an integrity from accountant...Even though he was in need of money he would have taken loan from company, using official money for personal use should not in any way barred him from punishing..

 

Lets here what others have to say..

 

Thanks!! 

Of course You did the right. You would have been wrong only if you had taken bribe or some favour from the cashier but you didn't. I can understand that you were quite young and inexperienced (it being your 1st audit assignment) to decide what to do in such critical situation. Yet, you asked the cashier to deposit the embezzeled amount and the best thing is that he did deposit it. The poor cashier might have lost his job, if you had complained about it to the management. All's well that ends well. So cheers!

Hillarious haha ........What a dummy story.

Thank you , Jitender I am not saying it is dummy story or ture story ....

Just, I shared a momment ,,

You did not even know the history the articles what they use to do ..

I'll just enjoy article as you things..

hmmmmmmmm.......... No answer..! Think what to do if he was not depositing Money in next 2 days! There is no space for emotion in our profession!

Originally posted by : ASHISH PATHAK
	Of course You did the right. You would have been wrong only if you had taken bribe or some favour from the cashier but you didn't. I can understand that you were quite young and inexperienced (it being your 1st audit assignment) to decide what to do in such critical situation. Yet, you asked the cashier to deposit the embezzeled amount and the best thing is that he did deposit it. The poor cashier might have lost his job, if you had complained about it to the management. All's well that ends well. So cheers!

Though he gave happy ending, but I m sorry to say that as a professional he failed & didnt stick to ethics of profession..

 

We should learn to balance & distinguish personal life & profession while doing our work.

Well i heard a similar story from one of my ex colleagues during his articleship. He caught a cashier of a banker doing embezzlement of cash. Once he was confronted, he drank fynael from the banks bathroom and commited suicide. So you don't know how the person would react in such a situation. I think what you did in that situation was correct. It was a good decision to wait for 2 days. Even though professionally it may seem unethical.

Originally posted by : CA Bharat Hirde
	Well i heard a similar story from one of my ex colleagues during his articleship. He caught a cashier of a banker doing embezzlement of cash. Once he was confronted, he drank fynael from the banks bathroom and commited suicide. So you don't know how the person would react in such a situation. I think what you did in that situation was correct. It was a good decision to wait for 2 days. Even though professionally it may seem unethical.

as a professionaly may be unethical!

we are alwz separeted personal  feelings n professional ethics n logics bt still we cnt separated both things frm  human being tats y after a long ago navin shares his real lyf trainee situation.so many tym we faces such situations.
 

Hi Navin...   1st of all thanks for sharing your personal experience..

In my view the decision taken by you was out of your emotions, which is quite obvious when you are very young and new to this profession. But... Here i dont see an integrity from accountant...Even though he was in need of money he would have taken loan from company, using official money for personal use is totally wrong. What would have been the sitution if you would have not raised the query? I thing at that time you should have reported this to your principle so he could have taken the note of it. Because what happen if a person escape from such activity what is the guarantee that he will not misuse his right in future....Sorry to say but on professional fronts the decision was wrong.