What do auditors do? Which of these activities are done internally or externally?
maintain
spend
prepare
provide
guarantee
gather
examine
give
analyse
Asarule,auditors...1. timegettingtoknowthebusinessaswellastheenvironmentandtheindustryinwhichitoperates2. theinternalbusinessandfinancialsystemsusedtomakeandrecordtransactions3. evidenceonthefinancialcontrolsystemsandthefiguresinthefinancialstatements4. adviceonthebusinessmethodsandtransactionsofthecompany5. financialstatementstodeterminewhethertheyconformtogenerallyacceptedaccountingprinciples6. thefinancialstatementsinaccordancewiththegenerallyacceptedaccountingprinciples7. thecorrectnessofthefigurespresentedintheaccounts8. consultingservices9. confidentialityandindependence