Auditors face ethical issues because
A)GAAP permits various standards to be used to produce profits
B)auditors may express an opinion that may cause difficulty to employees of a company
C)auditors may not discover insider trading
D)GAAP does not permit fraud

Question

Quizplus · Accepted Answer

Auditors may face ethical issues when they express an opinion that may cause difficulty to employees of a company. This can create conflicts of interest when the auditor's obligation is to provide an independent and objective assessment of the company's financial statements. It is important for auditors to maintain their independence and not be influenced by stakeholders or company management. It is also important for auditors to adhere to professional ethics and standards, which can help mitigate any ethical dilemmas they may encounter.

Auditors Face Ethical Issues Because