The corporate governance principle of most concern to the auditor is
A) safeguarding the integrity in financial reporting.
B) making timely and balanced disclosures.
C) promoting ethical and responsible decision making.
D) respecting the rights of shareholders.

Question

Quizplus · Accepted Answer

The corporate governance principle of safeguarding the integrity in financial reporting is of most concern to the auditor as it is their responsibility to ensure that financial statements are presented fairly and free from material misstatement. The other principles (timely and balanced disclosures, ethical and responsible decision making, respecting the rights of shareholders) may also be of concern but are not as directly related to the auditor's role in ensuring the accuracy of financial reporting.

The Corporate Governance Principle of Most Concern to the Auditor