What is the primary role of external auditing in multinational corporations?

Question

Quizplus · Accepted Answer

The primary role of external auditing in multinational corporations is to assure that financial statement information is high quality. This helps to provide assurance to shareholders, investors, and other stakeholders that the financial information provided by the company is reliable and accurate. While preparing the annual report, designing internal accounting controls, and selecting independent board members are all important functions in a multinational corporation, they are not the primary role of external auditing.

What Is the Primary Role of External Auditing in Multinational