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Reply to: Auditors

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Previously on "Auditors"

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  • Martin at NixonWilliams
    replied
    Originally posted by GB9 View Post
    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.
    I know the sort!

    Leave a comment:


  • d000hg
    replied

    Leave a comment:


  • AtW
    replied
    Originally posted by d000hg View Post
    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

    Leave a comment:


  • Scruff
    replied
    Originally posted by MicrosoftBob View Post
    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.

    Leave a comment:


  • GB9
    replied
    Originally posted by Martin at NixonWilliams View Post
    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.

    Leave a comment:


  • MicrosoftBob
    replied
    Originally posted by d000hg View Post
    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

    Leave a comment:


  • Martin at NixonWilliams
    replied
    Originally posted by d000hg View Post
    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.

    Leave a comment:


  • DirtyDog
    replied
    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..."

    Leave a comment:


  • d000hg
    replied
    Are auditors supposed to add value, or merely confirm that things are as they are reported to be?

    Leave a comment:


  • Mich the Tester
    replied
    Originally posted by GB9 View Post
    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.

    Leave a comment:


  • GB9
    started a topic Auditors

    Auditors

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

    Grrrrrr.........

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