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Unformatted text preview: the role of financial statement auditors is to analyze and critique companies with honesty and integrity. In addition, the role and responsibility of company management in financial reporting is having no corruption, put your company and employees first. Most of these errors can be related to a term called transparency. This is basically a lack in numbers being reported to investors that do not reflect economic reality (page 384). Politics also influence or attempt to influence financial reporting by either passing laws to make more rigorous standards or in a more corrupt manner get companies to falsely report to make the economy look better than it is. I feel Turners main concern is fear that the more scandals there are the more integrity the profession will lose....
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