The external auditor may perform an independent review of the systems that produce financial statements and their internal controls.

Question

Quizplus · Accepted Answer

It is common for external auditors to review the systems and internal controls of the company to ensure the accuracy and reliability of the financial statements. This review helps to identify potential weaknesses and risks that could affect the quality and integrity of the financial information presented.

The External Auditor May Perform an Independent Review of the Systems