For those of you in audit, how do you explain what we do to someone who’s at least of mild intelligence where you actually want them to understand lol

likefunnyhelpful
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I’m not in audit but I heard someone say they are like the person at the Walmart store at the exit who checks your receipt to see if it matches what’s in your cart lol

likefunny

Is this a trick question? Audit is probably one of the easiest things to explain.

likefunny

Glorified homework checker

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You could always say “I pretend to understand other’s processes and attempt to make them better without thinking of downstream consequences”.

funnylike

Checking if the numbers on one monitor match the numbers on your other monitor

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We make sure the numbers in the spreadsheets agree with the numbers in the PDFs.

likefunny

You're in EY and you don't know the answer??? simple.

An audit is an independent examination of a company’s financial statements to ensure they are accurate and comply with accounting standards and laws.

The purpose is so to give confidence to investors, regulators, and the public that the financial information is trustworthy.

Everybody playing the same game with the same rules?

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How I explain it to my kids - every company has to keep track of how much money they have, bills the pay, debt, etc. My job is to make sure they're right (enough) so when other people look at the numbers, they know they can trust them.

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Accounting police but not government and not tax

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Professional Triple Checker is what I used to tell people when I was in audit.

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It’s hopeless just tell them you do taxes

funny

I would explain it by saying “I’m an auditor” and if they’re living anywhere but under a rock their entire life, they’ll most likely understand what that means without any further explanation.

Home inspector for businesses.
Help buyer assurance.
Check the big stuff first.
May miss small stuff but (ideally) nothing that would make you change opinion on buying.

You're a glorified fact checker

I just say I take the Company accountants work, smash it on the ground into pieces, put it back together correctly and tell them how I did it.

Checking company’s work

Fiscal first responder

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