These individuals examine the firm's accounting systems and comment on whether financial statements fairly represent the firm's financial position.
A) Accounting departments
B) Chief Financial Officers
C) Board of Directors
D) Auditors

Question

Quizplus · Accepted Answer

Auditors are individuals who are responsible for examining and evaluating the firm's accounting systems and financial statements. They assess the accuracy and completeness of financial reports and provide an opinion on whether they fairly represent the financial position of the firm. Accounting departments, Chief Financial Officers, and Board of Directors may have input into the preparation of financial statements, but it is the auditor's role to review and evaluate them.

These Individuals Examine the Firm's Accounting Systems and Comment on Whether