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