Staff accountants express their duty to ensure financial reports are not false or misleading in the management report that appears as part of the company's annual report.

Question

Quizplus · Accepted Answer

Staff accountants, while responsible for preparing financial reports, do not express their duty in the management report; this responsibility typically falls to higher-level executives such as the CEO and CFO, who attest to the accuracy of financial statements in the management's discussion and analysis section.

Staff Accountants Express Their Duty to Ensure Financial Reports Are