Why is public accounting often viewed as a guarantor of results, or even as a provider of assurance that one’s investment is of high quality? To what extent is it reasonable to view the auditor as a guarantor? Explain. To what extent do you believe that user expectations of the public accounting profession appear to be unwarranted? Explain.

Answer rating: 100% (QA)

Most public accounting operations including professions in the field are often regarded as guarantors of outcomes across various business organizations globally They are the providers of assurance in ... View the full answer