An Ode to Auditing
We test without apology
Both safety and ecology
And inventories, budgets, and production.
Checking scrap and sanitation,
Overtime, and transportation –
Not forgetting cost accounting and construction.
We test sales and check insurance
(EDP tries our endurance
As we audit payroll, cash, and simulation!)
We study management by objective,
Test controls that are defective,
And evaluate employee compensation.
We do sampling and regression
And there is a strong impression
We’re responsible for catching all crooks.
We are really in our element
With research and development –
But thankfully we do not keep the books.
We check aircraft, trucks and motor cars,
And rockets that fly up to the stars,
And leases, loans – even personnel.
We examine engineering
Even salvage is endearing
And we check on records management as well.
There is nothing we can’t verify –
There’s nothing that escapes our eye.
Alert to all misconduct and to fraud.
We will go where others fear to tread
And as it has often been said,
"We are the eyes and ears of management and the Board."
- By
CAclubindia
