Auditors

[GB9]

What a pathetic bunch auditors are. I have yet to meet one that has ever delivered any meaningful value.

Grrrrrr.........

 

[Mich the Tester]

What a pathetic bunch auditors are. I have yet to meet one that has ever delivered any meaningful value.

Grrrrrr.........

Oh I have; a CMMI auditor recently took up 8 hours of my time and this added considerable value; I was able to bill a whole day for sitting around talking tulipe.

 

[d000hg]

Are auditors supposed to add value, or merely confirm that things are as they are reported to be?

 

[DirtyDog]

A good auditor can keep you in work for a lot longer than originally planned

The threat of an audit can do the same - "if audit ever came in, we'd be in trouble - it'll only take an extra three months for me to fix it..."

 

[Martin at NixonWilliams]

Are auditors supposed to add value, or merely confirm that things are as they are reported to be?

Auditors are required to express an opinion as to whether the accounts are a true and fair reflection of a company's position at the reporting date.

They add value to a number of stakeholders if the job is done properly, as it gives assurance that the accounts are correct providing the opinion given is a positive one.

 

[MicrosoftBob]

Are auditors supposed to add value, or merely confirm that things are as they are reported to be?

Externals auditors are only the latter, internal auditors can be both but often still just the latter

 

[GB9]

Auditors are required to express an opinion as to whether the accounts are a true and fair reflection of a company's position at the reporting date.

They add value to a number of stakeholders if the job is done properly, as it gives assurance that the accounts are correct providing the opinion given is a positive one.

That may be the case, but a junior level witch with no concept of the subject matter stating that she can add value and point out what has been missed from my technical architecture adds value = zero.

 

[Scruff]

Externals auditors are only the latter, internal auditors can be both but often still just the latter

External Auditors do both, too. They review internal control and provide assurance to the business (CYA principle applies).

I have worn all three hats, External/Internal & IT.

 

[AtW]

Are auditors supposed to add value, or merely confirm that things are as they are reported to be?

They help to confirm value.

Which adds value in a way that true value is supposedly known.

HTH

 

[d000hg]