Auditor has much to learn from the article "What the Dog Saw". It gives inspiration and advice that is essential of practiced while auditing. It has provided with clues on how to undertake the task in an appropriate and efficient considering the situation and the environment. Malcolm Gladwell pointed some of the activities of which related much to the situations concerning to the business field. The cultural trends of the Americans during 1950s it was a taboo of a woman applying dye on their hair. This is connected with how companies have tied back their original message of which is tampered with.
A woman making hair coloring, Gladwell suggested it as self invention. This makes her respectable by millions of Americans women. The investor Nassim Taleb gives an explanation of this on how market can be blindsided by consequential events. Therefore, as an auditor should not be confirmed by the norms and the traditions. Should go for the audit and give the results as per the findings.
On what the dog saw, the lesson leant is on nonverbal communication and being a good detector. In translation to auditing, the auditor should not much rely on the spoken evidence on the allocation and the use of the funds in a company. The much importance is to go with the record as it at the moment. Furthermore, if there is not recorded allocation of the funds thus that is misappropriation use of the funds. This is a key detector of misuse of the company's fund.
In the open secret on the Eron intelligence and perils of the much information has a case of national security that has made the difference between puzzle and mystery. A puzzle is something that can be pursued and solved. Given more information, a puzzle can be easily solved compared to the mystery.
As an auditor, in unveiling the misappropriation use of the fund, more information is supposed to be given so as to assess the amount. In most cases, the scandals are always supplied in limited information to make it hard for the auditor to get to the root of it. Therefore, in case of the suspicion the auditor must enquire more to have the knowledge on the matter at hand. With the information, the puzzle is easily solved the same with the auditing in getting the solution to the funds allocation.
Auditor is likely to get information from the finance management and much depending on the documents that are recorded. For detailed information, auditor must consult the managers either from project operation or the finance department. The clarity of the information leads to transparency of the company's fund allocation only to the viable projects.
In the text of what the dog saw, has an overview of the auditor's work of pointing out misallocation of the funds to projects that are essential to the company. In every company has an audit department the helps to ensure transparency in the projects funds allocation. The transaction documents such as receipts play a major role as evidence of the transaction. Therefore, for a comprehensive audit, all the statements of the concerning a business on the fund are supposed to be with the auditor on time.
In conclusion, more and detailed information is better for the auditor to ensure the compilation of the final report on the allocation of the resources in the company. Auditor and "What the Dog Saw" have a common role and they depend on availability of information.
Good What The Dog Saw Book Review Example
Type of paper: Book Review
Topic: Finance, Company, Pets, Money, Banking, Venture Capital, Information, Audit
Pages: 2
Words: 600
Published: 03/31/2020
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