Auditor Related Quotes

It is related of a Swedish priest that, profoundly disturbed by the sight of the effect his address produced upon the auditors, who were dissolved in tears, he said soothingly, "Children, do not weep; the whole thing might be a lie.

The aficionado, or lover of the bullfight, may be said, broadly, then, to be one who has this sense of the tragedy and ritual of the fight so that the minor aspects are not important except as they relate to the whole. Either you have this or you have not, just as, without implying any comparison, you have or have not an ear for music. Without an ear for music the principle impression of an auditor at a symphony concert might be of the motions of the players of the double bass, just as the spectator at the bullfight might remember only the obvious grotesqueness of a picador.

The maxim, by which we commonly conduct ourselves in our reasonings, is, that the objects, of which we have no experience, resemble those, of which we have; that what we have found to be most usual is always most probable; and that where there is an opposition of arguments, we ought to give the preference to such as are founded on the greatest number of past observations. But though, in proceeding by this rule, we readily reject any fact which is unusual and incredible in an ordinary degree; yet in advancing farther, the mind observes not always the same rule; but when anything is affirmed utterly absurd and miraculous, it rather the more readily admits of such a fact, upon account of that very circumstance, which ought to destroy all its authority. The passion of surprise and wonder, arising from miracles, being an agreeable emotion, gives a sensible tendency towards the belief of those events, from which it is derived. And this goes so far, that even those who cannot enjoy this pleasure immediately, nor can believe those miraculous events, of which they are informed, yet love to partake of the satisfaction at secondhand or by rebound, and place a pride and delight in exciting the admiration of others. 17 With what greediness are the miraculous accounts of travelers received, their descriptions of sea and land monsters, their relations of wonderful adventures, strange men, and uncouth manners? But if the spirit of religion join itself to the love of wonder, there is an end of common sense; and human testimony, in these circumstances, loses all pretensions to authority. A religionist may be an enthusiast, and imagine he sees what has no reality: He may know his narrative to be false, and yet persevere in it, with the best intentions in the world, for the sake of promoting so holy a cause: Or even where this delusion has not place, vanity, excited by so strong a temptation, operates on him more powerfully than on the rest of mankind in any other circumstances; and self-interest with equal force. His auditors may not have, and commonly have not, sufficient judgment to canvass his evidence: What judgment they have, they renounce by principle, in these sublime and mysterious subjects: Or if they were ever so willing to employ it, passion and a heated imagination disturb the regularity of its operations. Their credulity increases his impudence: And his impudence overpowers their credulity.

The Economics of Property-Casualty Insurance With the acquisition of General Re — and with GEICO’s business mushrooming — it becomes more important than ever that you understand how to evaluate an insurance company. The key determinants are: (1) the amount of float that the business generates; (2) its cost; and (3) most important of all, the long-term outlook for both of these factors. To begin with, float is money we hold but don't own. In an insurance operation, float arises because premiums are received before losses are paid, an interval that sometimes extends over many years. During that time, the insurer invests the money. Typically, this pleasant activity carries with it a downside: The premiums that an insurer takes in usually do not cover the losses and expenses it eventually must pay. That leaves it running an "underwriting loss," which is the cost of float. An insurance business has value if its cost of float over time is less than the cost the company would otherwise incur to obtain funds. But the business is a lemon if its cost of float is higher than market rates for money. A caution is appropriate here: Because loss costs must be estimated, insurers have enormous latitude in figuring their underwriting results, and that makes it very difficult for investors to calculate a company's true cost of float. Errors of estimation, usually innocent but sometimes not, can be huge. The consequences of these miscalculations flow directly into earnings. An experienced observer can usually detect large-scale errors in reserving, but the general public can typically do no more than accept what's presented, and at times I have been amazed by the numbers that big-name auditors have implicitly blessed. As for Berkshire, Charlie and I attempt to be conservative in presenting its underwriting results to you, because we have found that virtually all surprises in insurance are unpleasant ones. The table that follows shows the float generated by Berkshire’s insurance operations since we entered the business 32 years ago. The data are for every fifth year and also the last, which includes General Re’s huge float. For the table we have calculated our float — which we generate in large amounts relative to our premium volume — by adding net loss reserves, loss adjustment reserves, funds held under reinsurance assumed and unearned premium reserves, and then subtracting agents balances, prepaid acquisition costs, prepaid taxes and deferred charges applicable to assumed reinsurance. (Got that?)

Although not directly related to segregation of duties, you should know that as an auditor, your work always needs to be reviewed, usually by your manager. This is a professional standard.

How to Evaluate the True Value of Buy Twitter Accounts for Your Business Buy pre-made Twitter Accounts might seem like a fast track to online fame. The idea of getting instant followers, ready-made engagement, and a quick start on building your brand is really tempting. But diving into this without a good plan is like buying a used car and skipping the mechanic. You could end up with more problems than answers. ➤ Join With US ➤ Telegram :@Getpvait ➤WhatsApp: +1 ‪(469) 563-2715‬ ➤Skype : live:.cid.ab017215bf87c2bd This guide will show you how to properly check out a Twitter account before you buy it. You will learn what really makes an account valuable, so your money helps your business grow, instead of turning into a costly mistake. You need to know the risks and what truly matters before you buy. A huge follower count looks good, but it's just a number if those followers don't actually care about what you post. This guide digs into the important steps of checking an account. We'll look at how real the followers are, how the account has performed, and if it fits with your brand's goals. This way, you can make a smart choice. Assessing Follower Authenticity and Quality The Real Cost of Fake Followers Buying an account with bot or fake followers can really hurt your brand. These types of followers don't engage with your content. They won't share your posts or buy your products. In fact, having lots of fake followers can damage your reputation and make real users distrust your brand. It often looks like you're trying to cheat the system. Metrics to Scrutinize: Follower-to-Following Ratio: Does the account follow way more people than follow it back? This can be a sign of low-quality followers. Profile Completeness: Look for profiles with generic bios, no profile pictures, or no posts ever. These are often bot accounts. Engagement Patterns: Check the comments and replies on posts. Are they all generic, spammy, or do they actually relate to the content? Tools for Verification: Some tools, like SparkToro or HypeAuditor, can help you look at follower quality. They analyze audience demographics and spot suspicious activity. You can also manually check. Click on some follower profiles. See if they seem real or like robots. Understanding Engagement Metrics That Matter Don't let a big follower count fool you. What really counts is how people interact with the content. We call this engagement. It shows if an audience is truly active and interested. This is far more important for your business growth. Key Engagement Indicators: Like-to-Follower Ratio: A good ratio means existing followers find the content useful. They like what they see. Retweet and Quote Tweet Activity: When people retweet or quote a tweet, it means the content resonates. They think it's worth sharing. Reply Volume and Quality: Many replies show active talks. Good replies mean the audience is genuinely engaged. Click-Through Rates (if accessible): If the account shares links, check how many people click them. This shows how well it drives traffic. Actionable Tip: Always ask the seller for recent analytics reports. Focus on data from the last three to six months to see real engagement trends. Analyzing Buy Twitter Accounts History and Content Performance Reviewing Past Content and Posting Consistency The history of an account's content is a strong clue to its future success.