Which of the following best describes the primary role of auditors in financial reporting?

Multiple Choice

Key employees of the company who actively participate on the management team in strategic planning, product development, and financial reporting

Independent party hired by a company to express a professional opinion of the extent to which the company's financial reporting is in compliance with generally accepted accounting principles

Consultants that are hired by company management to advise on key matters related to competition, product pricing, employee retention, and financial reporting strategies

Government employees assigned by local officials to ensure accurate financial reporting and operational integrity by the company