Audit committees are motivated to make sure the auditors do their job,because poor performance on the part of the auditors will directly reflect on the performance of the audit committee members.

Question

Quizplus · Accepted Answer

Audit committees are responsible for overseeing the work of auditors and ensuring the accuracy of financial statements. If the auditors perform poorly, it can be seen as a failure of the audit committee to properly select and oversee the auditors, which can lead to criticism and negative impact on their reputation. Therefore, audit committee members are motivated to ensure the auditors do their job adequately.

Audit Committees Are Motivated to Make Sure the Auditors Do