It is the responsibility of the board of directors to

Question

Quizplus · Accepted Answer

It is the responsibility of the board of directors to ensure that the financial statements are fairly presented. This means that they must review and approve the financial statements before they are made public to ensure that they accurately represent the financial position of the company. The board of directors does not provide an opinion on the fair presentation of the financial statements, as this is the role of the independent auditors. They also do not direct the auditors to audit specific financial statement accounts, as this would compromise the independence of the auditors.

It Is the Responsibility of the Board of Directors to