While reviewing the books at his firm, Colin noticed discrepancies between how the firm recorded revenues last year and how it elected to record revenues during the recent quarter of the current year. As a recent business graduate, Colin felt confident that the changes needed clarification. To get another opinion, Colin suggested to the company's controller that the firm solicit
A) the assistance of the Government Accounting Standards Board.
B) the services of a certified internal auditor.
C) the services of a senior executive at the IRS.
D) the services of an independent auditor.

Question

Quizplus · Accepted Answer

An independent auditor is responsible for providing an unbiased opinion about the accuracy of a company's financial statements and reporting procedures.

While Reviewing the Books at His Firm, Colin Noticed Discrepancies