You are a fresh accounting graduate from Sultan Qaboos University (SQU) and you have been...
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Accounting
You are a fresh accounting graduate from Sultan Qaboos University (SQU) and you have been employed by Bushra Al Khair Co. in the accounting department, a listed company with annual revenues of RO 2.5 million. As the company prepared for its annual audit, Mr Said, General Manager, came to you to complain about the external auditors. He complained that the audit fees were so high, yet every year they never found all of the mistakes made by the staff in Bushra Al Khair Co. Also, he thinks that company management provides enough information to shareholders and thus audit will not add value
QUestion : Why you think that Bushra Al Khair Co.s shareholders need independent assurance about information provided by the company management? (provide at least three factors with explanation)
please typed it and around 400 words
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