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i happened to figure myself in a debate with a medical doctor over curing a sick person .now i asked don't you think the financial health is most important as it provide for human health
i think it's true... experience matters..so if accountant is a financial doctor then auditor is a financial detective :)
The role of accountant ends by presentation of the financial statement of a company. Then, another role of financial analysts or advisor starts. Accountants are not eligible to give a financial advice unless he is familiar with the corporate finance and financial management, investment and portfolio management.
In other words, it is not true that the accountants are a financial doctor. He is a doctor of the accounting cycle, stages and life.
False,we can call an auditor the financial doctor.
Yes, you are right but the accountant should understand the value of money and its right place of investments otherwise wrong moves put him in difficult situations.
I aree with Nouman
The account is only adviser and as per auditing and assurance standard the audit is not an investigation, but it is expression of opinion, disclosure etc, hence we cannot compare with doctor.
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