Many shareholders and investors think that an audit provides a certification of the financial health of a company. This misunderstanding can result in serious consequences. Required: (a) Explain why shareholders and investors often view an audit as guaranteeing the company's results or as providing assurance that their investment is of high quality. (3 marks) (b) Identify two (2) ways in which the audit profession tries to manage the expectations of users of audited financial reports. (2 marks)