Why does a company choose to have an
independent auditor report on its financial
statements?
a. Independent auditors will always detect
management fraud.
b. Independent auditors guarantee the
accuracy of the financial statements.
c. The company preparing the
statements may have a vested
interest in reporting certain results.
d. An independent audit is designed to
search for deficiencies in the company's
internal control
independent auditor report on its financial
statements?
a. Independent auditors will always detect
management fraud.
b. Independent auditors guarantee the
accuracy of the financial statements.
c. The company preparing the
statements may have a vested
interest in reporting certain results.
d. An independent audit is designed to
search for deficiencies in the company's
internal control