Outside auditors

The resulting auditor opinions are highly valued by members of the investment community and creditors, who need an independent appraisal of the financial statements of organizations

External auditors are certified by a governing body, which in the United States is the American Institute of Certified Public Accountants

Increasing complexity, new and lengthy technical rules, and high expectations from shareholders, regulators, the public and other stakeholders make overseeing the integrity of a company’s financial reporting a challenging area for audit committees

External auditors play a key role in helping audit committees address this responsibility