Originally posted by GB9
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Reply to: Auditors
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Previously on "Auditors"
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Originally posted by MicrosoftBob View PostExternals auditors are only the latter, internal auditors can be both but often still just the latter
I have worn all three hats, External/Internal & IT.
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Originally posted by Martin at NixonWilliams View PostAuditors 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.
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Originally posted by d000hg View PostAre auditors supposed to add value, or merely confirm that things are as they are reported to be?
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Originally posted by d000hg View PostAre auditors supposed to add value, or merely confirm that things are as they are reported to be?
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.
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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..."
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Are auditors supposed to add value, or merely confirm that things are as they are reported to be?
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Originally posted by GB9 View PostWhat a pathetic bunch auditors are. I have yet to meet one that has ever delivered any meaningful value.
Grrrrrr.........
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