Discuss the CPA's role as an external auditor
Not what you're looking for?
The financial statements are the representation of management.
How can investors and other third parties trust this information? Discuss the CPA's role as an external auditor.
Do research on the Internet and show the reference for the information.
I just need to get started here - thank you.
Purchase this Solution
Solution Summary
The following posting discusses the CPA's role as an external auditor.
Solution Preview
Trusting financial statements for a company is a tricky task that cannot always be guaranteed for accuracy and be an exact representation of the company's financials. History has shown that even top accounting firms have done unethical practices that later cost the company in not only its reputation but also closed its doors costing employees and shareholders all that they have put into said company. Investors and others looking to invest in companies should do their homework and research the company through investor sights, better business bureaus and other areas that would most likely have information available that shows how the company pays its bills and whether or not the company is profitable and worth investing in too. Talking with employees, vendors and customers, if ...
Purchase this Solution
Free BrainMass Quizzes
Basics of corporate finance
These questions will test you on your knowledge of finance.
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.