Who hires a company's external auditors?

Name: Who hires a company's external auditors?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The audit committee of the board of directors is responsible for hiring the company's external auditors. This helps ensure independence and objectivity in the audit process. Management and internal auditors may provide input, but ultimately the decision is made by the audit committee. Congress does not hire external auditors for private companies.

Who Hires a Company's External Auditors