It is auditors who in nexus with Income tax officials manipulate the books of business men to save tax through illegal and improper means. It is they who inculcate bad culture and teach tax evasion tactics to business houses and tax payers. It is they who prepare false balance sheet or certify false balance sheet prepared by a crooked business men for some consideration.

It is auditors who prepare balance sheet of business men with concocted data and to suit the financial needs of business men. It is auditors who certify the false and fraudulently prepared balance sheet of banks and corporate as a whole.

It is auditors who certify the expenditure of various departments of government at state or center level. It is auditors who certify the purchase of goods without actual matching stock in the godown.

It is auditors who in nexus with bank officials certify even bad assets as standard assets and it is they who know how to illegally save various taxes and how to avoid various statutory and mandatory provisions to inflate profit through improper ways..

It is statutory auditors appointed by RBI who blindly and carelessly certify the books of accounts of various branches of banks at the time of annual or quarter closing without actually going deep into the reality of books. It is concurrent auditors who charge fees for concurrent audit of functioning of branch but actually get this work done through a unskilled clerk. .It is stock auditors who certify the stock of corporate without actually verifying the books with actual stock and debtors.

It is auditors who prepared the fake balance sheet of Satyam and who certified the expenses and spending under various development schemes and who wrongly use to certify  implementation of all developmental schemes at state level or at district and block level.

And it is auditors who certified the loan waiver scheme implementation at various branches and at regional or zonal or central level while finalisaing books of a bank as a whole. It is auditors who blindly certified the books of various banks which did not make enough provision for bad assets and for terminal benefits like pension or gratuity payable to bank employees.

As a matter of fact our country runs and functions on the basis of certificates and banners. Bankers do not comply Know Your Customer norms but gives certificate to this effect blindly. Departments do not spend but get the list of expenditure certified by auditors after giving some extra gifts in cash or in kind. Officials of all banks and all offices are ready and duty bound to extend red carpet welcome to DAMAD like Chartered Accountants or any auditors or any inspector so that certification of correctness and fitness or compliance of existing laws is obtained comfortably.

There may be various reason in the minds of Chartered accountants or simple auditors. They may plead in their defense that they are paid such a low fees as remuneration for their audit that they cannot afford giving much time. They may say that RBI gives them very much short period to finish audit of a bank. They may plead that if that point out irregularities of the bank or any corporate they fear the risk of losing business. There is undoubtedly some truth in their pleading to a great extent. Because if they point out the irregularities and give conditional certification or do not help corporate in tax evasion they will have to face not only the loss of business but may also face physical torture and loss of life at many places. Contractors who are mafias of the country in all departments threaten auditors if they hesitate to certify their books as per their whims and caprices.

But it is bitter truth that there is no accountability against erring auditors in our country. Departmental heads under all ministries misuses auditors for their personal interest and to commit fraud with the system .Bad culture persists in all banks and in all offices wherever the need of certification of books by auditors is made mandatory. This is why auditors function as police personnel who quit the criminals after taking their fees and who without any hesitation any innocent person who fail to oblige the police .This happens in judiciary too . And the root of all these corrupt practices is that politicians of our country are master in corruption and this I need not enlighten and elaborate. Every citizen is victim f our corrupt system and our country as a whole is losing revenues and image in various ways. Only God can save us.

Person like Vinod Rai CAG is hardly one in a crore. Person like T N Shesan or like Khemka are rare and even if there are some persons who do not sacrifice norms and laws and who like to abide by laws and follows the guidelines in true spirit face the music of their bosses.and their masters.

Role of auditors, role of media men and role of politicians is more often than not without any accountability in our country . It is these class of people who can make or mar the economics , social harmony and overall image of the country. 

http://jaindanendra.blogspot.in/2013/03/auditors-media-men-and-politicians.html