Section
Introduction Auditing pertains to the examination and unbiased evaluation of financial statements of an organization by an auditor. An auditor is, therefore, the professional who audits the financial statements. The importance of an auditor’s independence cannot be over emphasized considering the relevance of the financial statements to all the stakeholders in an organization. It is in realization of this relevance that the Congress established Public Company Accounting Oversight Board as a nonprofit organization. PCAOB’s mandate is to oversee auditing of public companies with the sole intention of safeguarding the interests of all stakeholders encompassing investors and the Continue reading...
