Some people think that auditors are responsible for ensuring the accuracy of financial statements. Are they correct?

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Some people think that auditors are responsible for ensuring the accuracy of financial statements. Are they correct? Why or why not?

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 30, 2011 03:14 AM

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Some people think that auditors are responsible for ensuring the accuracy of financial statements. Are they correct?

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Auditors cannot assure that the financial statements are accurate because their examination is n...View the full answer

Accounting concepts and applications

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