Auditors are appointed by the Securities and Exchange Commission to audit company financial statements.

Name: Auditors are appointed by the Securities and Exchange Commission to audit company financial statements.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

All accounting statements are required to be audited and certified to be accurate by external auditors. But auditors are appointed by the firm being audited. The desire to continue that business relationship sometimes makes them overlook financial irregularities.

Auditors Are Appointed by the Securities and Exchange Commission to Audit