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Between the Controller and the Auditor by Bernard J. Cianca "Here come the auditors! Quick, get out the olher books!" This is a remark we've all heard at one time or another. It is intended to be humorous, but I wonder how often the implied mental attitude does exist in fact: "Give the auditor what he asks for, but don't volunteer information; give him the records and let him figure them out." All too often this attitude is compounded by the even more prevalent feeling that an audit is a necessary evil which will inevitably disrupt office routine and cause the essential day to day work to fall behind. I'm sure we've all experienced the anguish on the part of client personnel when they protest that "our people don't have time to pull all these vouchers," or, "why should we analyze these accounts? You're doing the audit!" Unfortunately this attitude has not yet gone the way of the green eyeshades and the high stools. There still exists an unawareness of the relationship necessary for the mutual benefit of the auditor and his client in the performance and objectives of an audit. An understanding of this relationship is woefully overdue. The aim of the Certified Public Accountant is to examine and evaluate enough financial data and information to enable him to express an opinion on the fairness of the financial statements he is asked to report upon. His main concern is the accomplishment of a professional audit which, for the sake of pure economics, he would like to see performed in the most efficient manner possible. The more efficient his audit, the fewer the admin- Bernard J. Cianca, partner in the New York office, is a native Manhattanite who joined the firm on leaving the service. He was an honor student and has a Bachelor's Degree in Business Administration from the College of the City of New York, where he majored in accounting. Mr. Cianca is active in the AICPA and in the New York State Society of CPAs, where he has represented the firm on The Retail Accounting Committee for the past two years and has also served on The Inventory and Costs Methods Committee, The Committee on Stock Brokerage Accounting and The Committee on Institutional Accounting. In addition, Mr. Cianca is a member of the New Jersey State Society of CPAs, The American Accounting Association, The New York State Association of the Pro-jessions, The International Council of Shopping Centers and The New York Credit and Financial Management Association. DECEMBER, 1964 11
Object Description
Title |
Cooperation between the controller and the auditor |
Author |
Cianca, Bernard J. |
Subject |
Auditing Auditing, Internal |
Personal Name |
Cianca, Bernard J. |
Portrait |
Cianca, Bernard J. |
Office/Department |
Touche, Ross, Bailey & Smart. New York Office |
Citation |
Quarterly, Vol. 10, no. 4 (1964, December), p. 11-13 |
Date-Issued | 1964 |
Source | Originally published by: Touche, Ross, Bailey & Smart |
Rights | Copyright and permission to republish held by: Deloitte |
Type | Text |
Format | PDF image with OCR under text, scanned at 400dpi |
Collection | Deloitte Digital Collection |
Digital Publisher | University of Mississippi. Digital Accounting Collection |
Date-Digitally Created | 2009 |
Language | eng |
Identifier | Quarterly_1964_December-p11-13 |