Investors in a company often want assurance that the financial statements are true and accurate. They can achieve this assurance by using:
A) Auditors.
B) Internal controls.
C) Forensic accountants.
D) Ratio analysis.

Question

Quizplus · Accepted Answer

Auditors are trained professionals who review the financial statements of a company and provide an independent opinion on whether they are presented fairly in accordance with accounting standards. This provides investors with assurance that the financial statements are true and accurate. Internal controls, forensic accountants, and ratio analysis can also provide valuable information, but they are not as comprehensive as an audit.

Investors in a Company Often Want Assurance That the Financial