Role of the External Auditor in Corporate Governance

Essay specific features

 

Issue:

Business

 

Written by:

Hannah B

 

Date added:

March 15, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

10 / 2616

 

Was viewed:

5055 times

 

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Essay content:

Introduction 1.1 The External Auditor External auditors are employees of a public accounting firm which has been engaged to conduct the audit of a particular company's financial statements (audit client). The external auditor's responsibility is to provide assurance to the general public regarding the truth and fairness of the information presented in the audit client's financial statements...
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The external auditor's responsibility is to provide assurance to the general public regarding the truth and fairness of the information presented in the audit client's financial statements. Since the public relies heavily upon an audit opinion published by a public accounting firm to make investment decisions, it is imperative that they view accounting firms as being independent, objective and free from the influence of the audit client or any other parties...
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