The CPA's role in performing audits is important to our society because: an audit of financial statements helps investors and others know that they can rely on the information presented in the financial statements. O auditors have the primary responsibility for the information contained in the financial statements. O auditors issue reports on the accuracy of each financial transaction. Oauditors provide direct financial advice to potential investors.
The CPA's role in performing audits is important to our society because: an audit of financial statements helps investors and others know that they can rely on the information presented in the financial statements. O auditors have the primary responsibility for the information contained in the financial statements. O auditors issue reports on the accuracy of each financial transaction. Oauditors provide direct financial advice to potential investors.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter1: Quality Auditing: Why It Matters
Section: Chapter Questions
Problem 3CYBK
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