65. REVISION OF FINANCIAL INVESTMENTS. CONTROL EFFICIENCY The auditor should assess the effectiveness of investments. The amount of investment can be a real (not a "dummy"), but it is unprofitable. For example, the issuance of interest-free loan to another entity can be provided highly liquid securities belonging to it, that is. E. The attachment is real, but inefficiently. In assessing the effectiveness must first take into account the availability of financial risk. For example, an organization purchases shares of a successful company, expecting to receive a dividend, but suddenly the issuing company goes bankrupt, for which there was no obvious reason. Such cases should be distinguished from the apparent inactivity auditee management, not seeking to increase investment returns. For example, the issuance of interest-free loan, which obviously entails lost profits, since the same amount could be placed in a bank deposit; vdochernie investment companies that do not give profit for a number of years, and with these companies do not even require financial statements, explanations of losses and so. d.