What do you think management certification of financial statements means? Has managements responsibility changed since the inception

Question:

What do you think management certification of means? Has management’s responsibility changed since the inception of SOX? Why do we need auditors if management “certifies” its

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...