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WHY DO WE NEED AUDITORS?

Help to protect users of financial
  statements, including
• Lenders and creditors
• Investors
• Employees
WHY USE OUTSIDE AUDITORS?

•   Independence
•   Professional training
•   Professional standards
•   Experience with similar companies

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Introduction to auditing slideshare

  • 1.
  • 2. WHY DO WE NEED AUDITORS? Help to protect users of financial statements, including • Lenders and creditors • Investors • Employees
  • 3. WHY USE OUTSIDE AUDITORS? • Independence • Professional training • Professional standards • Experience with similar companies