There is always an independent authority verifying a companys account, namely, the external auditor for every company!
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There is always an independent authority verifying a company’s account, namely, the external auditor for every company! In such a scenario, why should there be a regulator for monitoring of public offerings from capital markets?
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While external auditors play a crucial role in verifying a companys financial statements and providing some level of assurance to investors and stakeholders they have a specific focus on the accuracy ...View the full answer
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Related Book For 
Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani
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