Auditors are considered the ______________ for the stakeholders.
A) Influencers
B) Decision makers
C) Gatekeepers
D) Specifiers

Question

Quizplus · Accepted Answer

Auditors are referred to as gatekeepers because they act as a checkpoint by verifying and validating financial information presented by the company to the stakeholders, including shareholders, creditors, and regulators. They play a crucial role in maintaining the integrity of financial statements and preventing accounting fraud or misstatements, thereby protecting the interests of stakeholders.

Auditors Are Considered the ______________ for the Stakeholders