To make sure that managers have followed GAAP rules in producing financial statements,all public companies must:

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Hiring independent auditors is the most common way for public companies to ensure that their financial statements follow GAAP rules. Independent auditors are trained professionals who review a company's financial records and issue a report indicating whether the financial statements are reliable and accurate. This helps to ensure that investors have access to trustworthy financial information.

To Make Sure That Managers Have Followed GAAP Rules in Producing