Accounting · Auditing
What is the primary responsibility of an external auditor?
- 1To ensure that all the client's financial statements are prepared and submitted to relevant authorities on time
- 2To report all financial irregularities directly to the shareholders of the client
- 3To ensure that the client's financial statements are reasonably accurate and free from bias✓
- 4To verify all financial transactions and supporting documentation of the client
Correct answer
To ensure that the client's financial statements are reasonably accurate and free from bias
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