With that attitude, you’d deserve to be sacked rather than be made redundant!
Now back to the original question is an audit good or bad? You’ll only find out in time but (working in a large Corporate and I undertake audits) you can gain some assurance by the fact that audits are just a part of daily working life and will have been scheduled in as a part of their audit teams work for 2009.
The people I perform audits on have now come to welcome them as I provide them with a free ‘healthcheck’ of their business and provide advice/highlight those areas they need to focus on. Only if they failt to action the points will they run the real risk of losing the business.