Top Ten Lessons I Learned This Busy Season

Submitted to company newsletter March 2010

Top Ten Lessons I Learned This Busy Season

1. SIPC Agreed Upon Procedures, huh?
2. No matter how many hours you put in at work, your roommates think you still have time to do all their dishes.
3. No matter how meticulous or organized you are, there will always be an error with your engagement team’s take-out delivery.
4. There are 65,536 lines in an Excel schedule. Because anything larger than that means hours of frustration with an Access database.
5. ASC 820-10 = SFAS 157 = ASC 820-10. I’ll learn the rest of them next year.
6. The data doesn’t mine itself.
7. There is nothing like that wave of anxiety when you import a transfer file in AS/2 and have that 3 second wait period to see how many review notes you will have back.
8. You love the new Audit Methodology…
9. Except for the times you hate the new Audit Methodology.
10. “More than I ever wanted to learn about the Maritime Marine Act of 1920, otherwise known as the Jones Act” (quote from Herb Lohmann on auditing commodities)