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Part I: A well-known, simple characterization that gets at the very essence of the purpose of auditing includes the following phrase: Auditing is the difference
Part I: A well-known, simple characterization that gets at the very essence of the purpose of auditing includes the following phrase: Auditing is the difference between management telling the truth, and users believing it. (ORIGINAL ANSWERS ONLY)
- 1.a.
- What does this phrase mean to you?
- Have you ever told the truth and had someone refuse to believe it?
- How does this phrase relate to the usefulness of the auditor report?
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