Answer Happy

Which of the following best describes the primary reason an
independent auditor reports on financial statements?
A. To give stockholders some assurance that any fraudulent
activities will be detected.
B. To identify a poorly designed internal control structure that
may produce unreliable financial statements.
C. To provide expertise to clients, which may not be totally
knowledgeable of prevailing GAAP.
D. To add credibility where appropriate, since the client may not
be perceived as objective with respect to its own financial
statements.