INTRODUCTION
Due to the problem that arrives from the shareholding employees, investors and other body urgencies in the act of been doubting on report presented to them, an auditor will be of good help because it serves as an inappeasable a profitable business organization.
However, the auditor is regarded as the eyes and ears records of the organization in order to encore that the financial statement are a reflection of the affairs of the organization as appeared in these records. Since this records are summary of generation for a specified period. The auditor also goes behind these records to the source document in other to confirm the accuracy, completeness and validity of the records transaction.
According to A.W. Honliness (1959) p.21, he stated that “there is a requirement that all registered limited liability companies must have their financial records audited annually by a firm of auditors so appointed.” He further stated that the law concept compel the auditor to express his opinion to the authoritative, the auditor must be seen to be independent.
The duty of preparing the financial statement is placed on the directors, white that of reporting is on the auditor who is responsible to the shareholders all these are aimed towards achieving project in the business organization. Finally, Rogers Adams rightly defined auditing as “the independent examination of and expressing of opinion on the financial statement of an opinion on the auditor practice committee (APC) 1989. This opinion is expressed in the form a report. The person who carries out such examination is known as an auditor.
Ugwu, A. (2018). THE AUDITOR AS AN INDISPENSABLE PART OF A PROFITABLE BUSINESS ORGANIZATION (A CASE STUDY OF AUDITING PRACTICE COMMITTEE. Afribary. Retrieved from https://tracking.afribary.com/works/the-auditor-as-an-indispensable-part-of-a-profitable-business-organization-a-case-study-of-auditing-practice-committee-1242
Ugwu, Anderson "THE AUDITOR AS AN INDISPENSABLE PART OF A PROFITABLE BUSINESS ORGANIZATION (A CASE STUDY OF AUDITING PRACTICE COMMITTEE" Afribary. Afribary, 29 Jan. 2018, https://tracking.afribary.com/works/the-auditor-as-an-indispensable-part-of-a-profitable-business-organization-a-case-study-of-auditing-practice-committee-1242. Accessed 24 Nov. 2024.
Ugwu, Anderson . "THE AUDITOR AS AN INDISPENSABLE PART OF A PROFITABLE BUSINESS ORGANIZATION (A CASE STUDY OF AUDITING PRACTICE COMMITTEE". Afribary, Afribary, 29 Jan. 2018. Web. 24 Nov. 2024. < https://tracking.afribary.com/works/the-auditor-as-an-indispensable-part-of-a-profitable-business-organization-a-case-study-of-auditing-practice-committee-1242 >.
Ugwu, Anderson . "THE AUDITOR AS AN INDISPENSABLE PART OF A PROFITABLE BUSINESS ORGANIZATION (A CASE STUDY OF AUDITING PRACTICE COMMITTEE" Afribary (2018). Accessed November 24, 2024. https://tracking.afribary.com/works/the-auditor-as-an-indispensable-part-of-a-profitable-business-organization-a-case-study-of-auditing-practice-committee-1242