Examine the financial statements of a company


Response to the following questions:

1. How do internal auditors add to the credibility of financial statements?

2. What is the purpose of a financial statement audit by CPAs?

3. Do you believe that outside auditors (CPAs) who examine the financial statements of a company, while being paid by that company, can be truly independent?

 

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Auditing: Examine the financial statements of a company
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