Question

external auditor is responsible for​

Answer 1

Answer:

External auditor is responsible for :-

• Plan effective auditing processes
• Plan effective auditing processesAudit financial statements and assess accounts for accuracy and regulatory compliance
• Plan effective auditing processesAudit financial statements and assess accounts for accuracy and regulatory complianceInspect internal systems and controls
• Plan effective auditing processesAudit financial statements and assess accounts for accuracy and regulatory complianceInspect internal systems and controlsAssess risk management tactics
• Plan effective auditing processesAudit financial statements and assess accounts for accuracy and regulatory complianceInspect internal systems and controlsAssess risk management tacticsPerform audits of non-financial areas, like Health & Safety and IT
• Plan effective auditing processesAudit financial statements and assess accounts for accuracy and regulatory complianceInspect internal systems and controlsAssess risk management tacticsPerform audits of non-financial areas, like Health & Safety and ITReport systematic errors or fraud indicators
• Plan effective auditing processesAudit financial statements and assess accounts for accuracy and regulatory complianceInspect internal systems and controlsAssess risk management tacticsPerform audits of non-financial areas, like Health & Safety and ITReport systematic errors or fraud indicatorsInvestigate specific issues regulatory bodies bring forward
• Plan effective auditing processesAudit financial statements and assess accounts for accuracy and regulatory complianceInspect internal systems and controlsAssess risk management tacticsPerform audits of non-financial areas, like Health & Safety and ITReport systematic errors or fraud indicatorsInvestigate specific issues regulatory bodies bring forwardExplain audit findings and recommend solutions

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Answer 2

Answer:

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Explanation:

External Auditor responsibilities are

Inspecting financial statements to catch errors, misstatements and fraud. Performing audits on systems, operations and accounts. Reporting audit findings and recommending improvements.