independent auditor

Who Has The Responsibility For The Financial Statements?

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Who Has The Responsibility For The Financial Statements? Who Prepares a Company’s Financial Statements? A company’s management has the responsibility for preparing the company’s financial statements and related disclosures. The company’s outside, independent auditor then subjects the financial statements and disclosures to an audit. Which party has the primary responsibility for the financial statement? The

Who Prepares A Company’s Financial Statements?

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Who Prepares A Company’s Financial Statements? A company’s management has the responsibility for preparing the company’s financial statements and related disclosures. The company’s outside, independent auditor then subjects the financial statements and disclosures to an audit. Who approves the audited financial statements? The Company’s Financial Statement is approved by the Board of Directors before they