answersLogoWhite

0


Best Answer

This statement simply means that an auditor does not put value on things. However, he or she must intimately know the value of many different things in order to properly audit.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: As an auditor is not a valuer is intimately connect with value?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who determines value?

value is determined by a person who seeks value of thing.value can also be estimated, assessed, or determined by a professional person i.e. valuer.


Is a Jasper rock valuable?

As with all precious and semi-precious stones, the value of jasper depends on its size, cut, and quality. You'll need to take your stone to a licensed valuer or jeweler to have it valued.


What is the role of estate surveyor and valuer in mortgage bank?

the followings are some of the roles of an estate surveyor in the mortgage industry: - 1. assessing the value of the property to be mortgaged


How do you get your tag Heuer watch valued online?

It's pretty difficult (impossible?) to value anything online. You'd maybe get a rough idea but condition of the item would affect the value and the valuer would probably need to examine the item.


How can an investor verify the validity valuation and Existence of the Accounts Receivable?

Answer:Investors usually cannot verify the amount of accounts receivable. In order to do this, investors would need to perform an audit. This is why an audit by an external auditor has value to investors. The auditor visits the copmay to perform an audit. While performing the audit, the company is supposed to give the auditor full access to all files/records. The auditor reports its findings of the audit in the annual report.


In Indiana what are the homestead exemptions?

The homestead exemption is $35,000 or 50 percent of the value of the home, whichever is lower. You must file in writing in the County Auditor's office.


What is the importance internal auditor for an organization?

We can understand the importance of an internal auditor by understanding internal auditing. Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.


What is the resistance value if you connect the 3 volts led at 220 volts?

Actually, if you connect the above described LED to 220 V, it will immediately burn out then the circuit will be "open" and the resistance will be "infinite".


What is the definition of a isoline map?

Lines that are drawn on a field map to connect all of the points on that map that have the same value


How does a review differ from an audit particularly in terms of the level of assurance implied by the auditor's report?

An audit of historical financial statements is a form of attestation service in which the auditor issue a written report expressing an opinion about whether the financial statements are in material conformity with generally accepted accounting principles. When presenting information in the form of financial statements, the client makes various assertions about its financial condition and results of operations. External users who rely on those financial statements to make business decisions look the auditor's report as an indication of the statements' reliability. They value the auditor's assurance because of the auditor's independence from the client and knowledge of financial statement reporting matters. A review of historical financial statements is another type of attestation service performed by CPAs. Whereas audit provides a high level of assurance, a review service provides a moderate amount of assurance on the financial statements, and less evidence is necessary to support this level of assurance.


What is Value vs Price?

Value and price are different. There is often a big difference between the value of a business and what it will actually sell for. Business Valuation experts are constantly approached to explain the difference between value and price, when a business is being prepared for sale.In essence, a business valuation determines a value that can be irrefutably defended by a suitably experienced and qualified business valuer, or appraiser. A formal business valuation is usually called for when litigation or some other serious issue requires a specific and qualified value for the business to be established.A price is the figure an experienced and accredited Business Broker formulates - employing several accepted methodologies - which, in their opinion, a willing buyer will most probably pay for the business.


What is blue jasper worth?

As with all precious and semi-precious stones, the value of jasper depends on its size, cut, and quality. You'll need to take your stone to a licensed valuer or jeweler to have it valued.