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At a recent stockholders' meeting, one of the stockholders asked the following question. If the company already has an internal audit staff, why do we

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At a recent stockholders' meeting, one of the stockholders asked the following question. "If the company already has an internal audit staff, why do we have to pay the money that we pay to you to have an annual audit of the financial statements done. Couldn't we just have our own internal audit staff perform the audit as part of their duties?" REQUIRED: (1) (2) Provide a response to the stockholder's question. How does the independent auditor provide value to the financial statements from the public's standpoint

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