Business Ethics and Corporate Governance, Second Edition

DEFINING AUDITOR

An auditor is defined as a person appointed by a company to perform an audit. He is required to certify that the accounts produced by his client companies have been prepared in accordance with normal accounting standards and represent a true and fair view of the company. Usually, chartered accountants are appointed as auditors.

An auditor is a representative of the shareholders, forming a link between government agencies, stockholders, investors and creditors.