Time after time the auditor stopped the driver
Time after time the auditor stopped the driver, made him
however remove the tarpaulin and then inspected the load. Each time there was only scrap metal in the truck. After a few months of this the auditor moved on to another job.
One day he met the driver at a mall. The auditor went up to him and said, "Look, I've left the company, but I'm curious to know what were you taking." And the driver said, "tarpaulins!"
One step ahead
Fraud can occur under watchful eyes because fraudsters are always ahead of the curve in relation to regulation and audit.Clearly, there is growing pressure on the audit profession to provide assurance on issues such as corporate governance, risk and business models — to earn its keep and not be just an ineffectual presence.