external auditors

Who Is Responsible For The Adequacy Of Disclosure In The Financial Statements Of A Publicly Held Company?

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Who Is Responsible For The Adequacy Of Disclosure In The Financial Statements Of A Publicly Held Company? The primary responsibility for the adequacy of disclosure in the financial statements of a publicly-held company rests with the: a. Securities and Exchange Commission. Who has the primary responsibility for the adequacy of disclosure in the financial statements

Can Audit Firms Truly Be Independent?

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Can Audit Firms Truly Be Independent? Ultimately, as long as audit appointments and fees are determined by the company being audited, the auditor can never truly be economically independent of the client. That is why there are broader codes of conduct which govern the relationship between both parties. What does it mean for a CPA