A guide to understanding auditing and assurance: listed companies
RIS ID
91608
Link to publisher version (URL)
Abstract
[extract] WHY ARE AUDITS AND REVIEWS REQUIRED?
Shareholders are often quite separate from those managing and governing the companies they own. They need a reliable source of financial information on which to assess the company, and the performance of management. The same can be said for other stakeholders of companies, such as creditors, lenders, employees, analysts, prospective shareholders, governments and communities. Audits and reviews enhance the credibility of the information contained within the financial statements, so that shareholders and other stakeholders can make assessments and decisions with confidence and on a consistent basis.
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Publication Details
Hardidge, D., Abeysekera, I., Chew, T., De Santi, R., Egan, T., Ghandar, A., Jakubicki, P., Lee, A., Luckins, J., Ridley, C., Shying, M., Sinclair, J., Subramaniam, R. & Tsahuridu, E. (2013). A guide to understanding auditing and assurance: listed companies. Southbank, Australia: CPA Australia.