Auditors cannot change the financial statements. Explain the influence the auditor has on managements decisions regarding financial

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Auditors cannot change the financial statements. Explain the influence the auditor has on management’s decisions regarding financial statement presentation. Also, explain your perception of the possible tension created by any power struggle inherent in the management-auditor relationship. How do you think auditors should respond when management wants the company’s financial statements to be presented in a certain way but the auditor disagrees?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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