Why Auditors? Chapter 1 Flashcards
1
Q
Who Employs Auditors?
A
Shareholders
2
Q
What to Auditors Report on?
A
Financial Statements
3
Q
Why Do Shareholders Trust Auditors?
A
They Are Qualified, Follow Standards and Are Independent from company
4
Q
What Standards to Auditors Follow?
A
International Standards of Auditing
