The Traditional Standard for Auditors Is That

The traditional standard for auditors is that:

A) they cannot in any way be held responsible for financial misrepresentations of clients
B) they are obliged to aggressively uncover and report any possible financial misrepresentations
C) they are responsible for detecting managerial misrepresentations that would produce misleading financial statements, if detected by generally accepted
Auditing practices
D) they are solely responsible for financial misrepresentations, once they have conducted an audit