Misconceptions about audits

Posted on 04 Jan 2016
Share Blog Post
ACCA: 48% of public believe auditors ‘could prevent company failures’A survey of 1,000 members of the general public by ACCA reveals auditors are expected to play a crucial role in company safeguarding. Furthermore, 41% of those surveyed believe that auditors should always detect and report any fraud. However, only a quarter of respondents were able to accurately identify what an auditor does – give an opinion on whether the financial statements of a company give a true and fair view and do not include material misstatements due to fraud or error.

View more blog posts

Small businesses family funding
Posted on 22 May 2024
Small businesses family funding
read more
SME confidence climbs
Posted on 15 May 2024
SME confidence climbs
read more
Minimum wage HMRC staff
Posted on 08 May 2024
Minimum wage HMRC staff
read more
Fiscal drag makes taxpayers worse off
Posted on 06 May 2024
Fiscal drag makes taxpayers worse off
read more
Back To Top
01604 660661