Finance Who is an Auditor?

Mataracy

VIP Contributor
To my own understanding ,an Auditor is an individual who is a qualify Accountant in the field or very intelligent in the field of Accounting.

And is the person choose to be in charge of examined the receipt and payment in an organization in other for the Account to show true and fair view.

The word Audit is the independent examination of, and expression of opinion on the financial statements of an enterprise by an appointed auditor in accordance with any relevant statutory obligations and professional requirements.

It should be noted According to the above definition I gave that;

(1) The Audit is an independent examination of a financial statements, the auditor must be independent of those responsible for the financial statements

(2) The matters to be addressed in the Auditors report are dictated by the terms of the auditors appointment and any relevant statutory and professional matters that the auditor is obliged yo comply with.

It is important to know that,the responsibility for the preparation of the financial statements and the presentation of the information included their in rest with the management of the enterprise.
( in case of a company,the directors)

Who is An Auditor? Your opinion.
 

Sammyesx

Active member
An auditor is a person appointed by a company to execute an audit To act as an auditor, a person should be certified by the regulatory authority of accounting and auditing or possess certain specified qualifications. Generally, to act as an external auditor of the company, a person should have a certificate of practice from the regulatory authority. A person can either be an internal or an external auditor.
 
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