What do auditors do? Which of these activities are done internally or externally?
examine
spend
prepare
analyse
guarantee
gather
provide
give
maintain
As a rule, auditors...1.
time getting to know the business as well as the environment and the industry in which it operates2.
the internal business and financial systems used to make and record transactions3.
evidence on the financial control systems and the figures in the financial statements4.
advice on the business methods and transactions of the company5.
financial statements to determine whether they conform to generally accepted accounting principles6.
the financial statements in accordance with the generally accepted accounting principles7.
the correctness of the figures presented in the accounts8.
consulting services9.
confidentiality and independence