John, I agree with you on you observations about auditors been through a fair share of them. Management education wouldnt hurt either.
Scott ford www.identityforge.com On Aug 17, 2012, at 11:04 AM, John Gilmore <[email protected]> wrote: > Auditing is not 'boot camp'. All professional firms do, however, make > quasi-exploitative use of their junior, recent-graduate employees. > > Everything depends upon how in detail this scheme is used. IBM's law > firm, Cravath, Swaine & Moore, recruits fearsomely bright young > lawyers from the major law schools---chiefly Harvard, Yale, Columbia, > and Stanford, with a sprinkling from elsewhere, pays them extremely > well, overworks them, and practices an announced policy of up-or-out, > become-a-partner-or-leave. This scheme works well, for clients and > even for many who leave. > > Most, not all, accounting firms employ mediocre undergraduate accounting > majors. > (Graduate, professional-school training in accounting is still rare.) > A scheme of apprenticeship training is mostly used instead. In the > upshot the creative accountants employed by brokerage firms, major > insurance companies, and the like are often much smarter than the > auditors who are supposed to keep them on the straight and narrow. > This scheme works much less well. > > It is hard, however, to see how auditors can be dispensed with. I do > not think they can be. Better training is, as usual, the key to > better performance; but the current auditing-firm business model > provides no significant economic incentive for improving the IT > auditing function or for staffing it with abler people. > > John Gilmore, Ashland, MA 01721 - USA > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, > send email to [email protected] with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
