Question

Role of auditors and regulators in corporate governance in india

Answer 1

One of the many important roles of a professional Auditing in India incorporate governance is to protect the interests of shareholder and stakeholders of a company. Externalauditors are required to state the finances of the company and attest to the validity of financial reports that may have been released.

Answer 2

Represent Interest of Shareholders. One of the primary roles of external auditors in corporate governance is protecting the interests of shareholders. The board may also question the auditors' views and assessment on the appropriateness of the accounting principles used by a company.