Horror Stories in Auditing
Over the years I
have received from many known persons certain horror stories which I would like
to share here.
1. A small scale
producer of agricultural irrigation purpose HDPE pipes. The final certification
audit was going on. The auditor was from the leading body from industrial power
house of Europe. He demanded a gold coin for
his services.
Apparently the leading certification body does not pay a decent
salary to the auditor!!!!!!!
The MD was familiar with this type of behavior by
government body officials (license-permit Raj) and promptly agreed.
He was
quite confident that the company will get certified, but “just in case”
anything happens he decided to oblige the auditor.
He told, “this is part of
the expenses I anticipated.
Whither ethics
of auditing?
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