Reflections on My 66 Years in Public Accounting

(Yes, I took auditing in graduate school, and received an A, but never grasped that the purpose of auditing was to issue an opinion on the financial statements.) I have come to love auditing, although it used to be more fun. Back then, accounting standards were written by an unpaid group of accounta...

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Bibliographic Details
Published in:The CPA journal (1975) 2018-09, Vol.88 (9), p.10-12
Main Author: Radin, Arthur J
Format: Article
Language:English
Subjects:
Accountants
Accounting
Accounting firms
Accounting services
Annual reports
Audit departments
Auditing
Auditing standards
Financial statements
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Summary:(Yes, I took auditing in graduate school, and received an A, but never grasped that the purpose of auditing was to issue an opinion on the financial statements.) I have come to love auditing, although it used to be more fun. Back then, accounting standards were written by an unpaid group of accountants, the Accounting Principles Board. [...]a best practice that remains unchanged in 66 years is the willingness of more experienced professionals to train less experienced staff. [...]I found that in many ways I became more independent.
ISSN:0732-8435