Which of the following is not a primary role of an independent auditor?
A)Assume legal and professional responsibilities to the public.
B)Advise client on tax strategies.
C)Determine whether a company's financial statements are materially correct.
D)All of these answer choices are correct.

Question

Quizplus · Accepted Answer

The primary roles of an independent auditor (CPA)are summarized below:
Conducts a financial audit (a detailed examination of a company's financial statements and underlying accounting records).
Assumes both legal and professional responsibilities to the public,as well as to the company paying the auditor.
Determines if financial statements are materially correct rather than absolutely correct.
Presents conclusions in an audit report that includes an opinion as to whether the statements are prepared in conformity with GAAP.In rare cases,the auditor issues a disclaimer.
Maintains professional confidentiality of client records.

Which of the Following Is Not a Primary Role of an Independent