Financial statement audits are required to be performed by:
A)Governmental auditors
B)CPAs
C)Internal auditors
D)IT auditors

Question

Quizplus · Accepted Answer

Financial statement audits are required to be performed by a Certified Public Accountant (CPA). They are independent auditors who are trained and licensed to perform audits on the financial statements of companies and organizations. CPA auditors provide assurance that the financial statements present a fair picture of the financial position of the company or organization, and that they are prepared in accordance with generally accepted accounting principles (GAAP) or other applicable accounting standards.

Financial Statement Audits Are Required to Be Performed By