What do auditors in Big 4 do?

Because these firms are the largest of their kind, the Big 4 employs individuals who can perform external audits, taxation services, management and business consultancy, and risk assessment and control duties.

What is the main responsibility of an auditor?

An auditor is an authorised personnel that reviews and verifies the accuracy of financial records and ensures that companies comply with tax norms. Their primary objective is to protect businesses from fraud, highlight any discrepancies in accounting methods, among other things.

What is the role of a financial auditor and accountant?

Develop and maintain cost finding, reporting and internal control procedures. Examine financial accounts and records and prepare income tax returns from accounting records. Analyze financial statements and reports and provide financial, business and tax advice. May act as a trustee in bankruptcy proceedings.

What is the role description of an auditor?

Auditors inspect organisations' financial accounts to ensure they're correct and comply with the law. Auditors review the accounts of companies and other organisations to ensure their financial records are correct and in line with the law.

What must an accountant do to be an auditor?

Typically, the first step to becoming an auditor is a bachelor's degree in accounting or a related field like finance or business. Some auditors come from other educational backgrounds, particularly those specializing in non-financial areas.

What is the role of auditing in accounting?

The purpose of conducting an audit is to obtain an independent opinion about a company's financial statements. This opinion provides insight into whether the company's reports and financial statements are accurate and reliable.

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