In the United States, external audits are usually conducted by independent Certified Public Accountants (CPAs). However, external audits can also be done by the company's internal accountants.

Question

Quizplus · Accepted Answer

External audits must be conducted by independent parties to ensure objectivity and credibility, whereas internal accountants are part of the company and cannot perform external audits.

In the United States, External Audits Are Usually Conducted by Independent