Arthur's primary responsibility as an auditor is
A) publishing the audit report results in the Financial Post.
B) preparing budgets for the forthcoming year.
C) ensuring the firm's accounting practices adhere to generally accepted accounting principles.
D) collecting taxes.
E) determining that the company actually has the inventory that it says it has.

Question

Quizplus · Accepted Answer

Arthur's primary responsibility as an auditor is to ensure that the firm's accounting practices adhere to generally accepted accounting principles. This involves examining financial records, verifying transactions, and assessing the adequacy of internal controls. The other choices (A, B, D, and E) are not within the responsibilities of an auditor.

Arthur's Primary Responsibility as an Auditor Is