The role of the auditor is to analyze the underlying facts to decide whether information provided by management is fairly presented.

Question

Quizplus · Accepted Answer

The role of the auditor is to examine and analyze financial information provided by management and evaluate whether it is in accordance with generally accepted accounting principles (GAAP) or International Financial Reporting Standards (IFRS), and whether the financial statements are free from material misstatements. The auditor must exercise professional skepticism and judgment to arrive at an independent and objective opinion on the fairness of the financial statements.

The Role of the Auditor Is to Analyze the Underlying