Business Studies · Auditing

Internal and external auditors provide assurance roles in business. Which of the following statements are TRUE regarding the external auditors? 1. The external auditors should provide assurance to the audit committee, the board of directors, senior management or possibly shareholders 2. The external auditors should be independent from the company and its management 3. The external auditors need not be professionally qualified accountants 4. The external auditors should provide information for the benefit of the shareholders of the company