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OPINION: Auditors Play Key Role in Business.
Byline: Pisit Thangtanagul
Oct. 1--What do you expect from your auditor?
Some corporate stakeholders may not understand the auditor's role, and so do not fully value this professional's contribution in the corporate supply chain.
To start, businesses need auditors because they are required by regulators, and changes in today's complex business world are placing new importance on their experience and activities. One way to better understand the auditor's role is to review who "needs" financial statements:
- Owners use financial statements because understanding them helps increase shareholder value;
- Lenders need them to assess borrowers' liquidity and solvency;
- Management uses them to communicate strengths and weaknesses;
- Performance auditing: What is it?
- Magazine article from: The Government Accountants Journal Katherine Thompson April 1, 1996 700+ words
...examination of the fairness of financial statements to auditing the performance...audits. But what is performance auditing? Sometimes known as...government works. What does performance auditing mean to the practicing...leaders in government performance auditing: Gerald ...
- New Performance Auditing Module Provides Powerful Performance Analysis to...
- Press release article from: Business Wire January 31, 2006 700+ words
...availability of version 1.0 of Performance Auditing for Microsoft SQL Server, an optional...with DB Audit Expert's optional Performance Auditing Module v1.0 offers innovative...SQL analysis capabilities in our Performance Auditing Module will help them to identify...
- Performance Auditing: A Measurement Approach. (Readings).(Book Review)
- Magazine article from: Internal Auditor Daugherty, C'Anne October 1, 2002 700+ words
...site: www.theiia.org ALTHOUGH PERFORMANCE AUDITing has been used in government settings...chapters provide a basic grounding in performance auditing--what it is and how it accomplishes...teaching the basic principles of performance auditing and for those establishing a performance...
- Case studies in performance auditing.
- Magazine article from: Internal Auditor Khan, Muhammad Akram December 1, 1991 700+ words
A CASE STUDY in performance auditing * describes various decisions...someone who is experienced in performance auditing but who has not been associated...Approach Audit approach in performance auditing relates to auditor's decisions...
- Lumigent and Exact Solutions Introduce Performance Auditing for Critical...
- Press release article from: PR Newswire June 12, 2007 700+ words
...agreement to provide comprehensive performance auditing in association with Exact Solutions...in a single, unified platform. Performance auditing, the combination of these two powerful...and to a wide range of others. Performance Auditing will make it easier for organizations...
- Int'l training course of performance auditing ended.
- News wire article from: PPI - Pakistan Press International March 12, 2004 700+ words
LAHORE, March 12-(PPI): The 54th International Intensive Training Course of Performance Auditing ended at the Audit and Training Institute, Director General of Performance Audit here Friday. Nineteen participants from the...
- Int'l Training Program in Performance Auditing on Feb 06.
- News wire article from: PPI - Pakistan Press International February 3, 2007 700+ words
...Office of Auditor General of Pakistan, reorganizing a 5-week International Intensive Training Programme in Performance Auditing from February 06 to March 10, here at Audit and Accounts Training Institute, Gulberg-III. The programme...
- The pursuit of efficiency. (using performance auditing in government agencies...
- Magazine article from: Public Management English, Gary May 1, 1994 700+ words
...evaluation system. As we discussed the larger problem of organizational development, it became clear that the performance auditing process was an effective tool in cleaning up operational inefficiencies, inadequacies, and errors. The problem...
Source: HighBeam Research, OPINION: Auditors Play Key Role in Business.