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The auditors are in the best position to evaluate a company because they have prepared the financial...

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Finance

Theauditors are in the best position to evaluate a company becausethey have prepared the financial statements. Do you agree or ordisagree? Support your 450 word response with reputablesources.

Answer & Explanation Solved by verified expert
4.3 Ratings (595 Votes)
No I do not agree with this statement First of all auditors do not prepare the financial statements for a company For any organization its financial statements like income statement balance sheet and statement of cash flows are prepared by the employees working in the organizations accounting and finance department The role of an auditor is merely to examine the financial records of a company so as to determine if the financial records and financial statements present a fair and accurate picture of a companys financial position during a year When talking about the role of an auditor I    See Answer
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Theauditors are in the best position to evaluate a company becausethey have prepared the financial statements. Do you agree or ordisagree? Support your 450 word response with reputablesources.

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