What is the role of auditors in corporate governance?
An example of an AI chatbot conversation about the role of auditors in corporate governance.
What is the role of auditors in corporate governance?
Auditors play a crucial role in corporate governance by ensuring the accuracy and integrity of financial statements.
How do auditors contribute to transparency in financial reporting?
They provide an independent assessment of financial reports, which helps build trust among stakeholders.
What are the different types of audits?
There are several types of audits, including internal audits, external audits, and compliance audits.
Can you explain the difference between internal and external auditors?
Internal auditors work within the organization to improve processes, while external auditors are independent and assess financial statements.
What challenges do auditors face in corporate governance?
Auditors may face challenges like regulatory changes, pressure from management, and ensuring independence.
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