Valuation and Income - Verification Procedures
Valuation of listed securities is easily conformed along with suitable financial publications. Directors' valuation of unlisted safeties is something on that the auditor's report, and the basis of the estimation, must hence be examined. The auditor must seems where any write downs for impairment in value are adequate also, that may because examining copies of accounts of companies whether investments are held.
Income from securities can be demonstrated along with known interest rates for fixed interest securities, and a share information and knowledge service for listed shares. Unlisted share income should be demonstrated along with copies of the accounts.