The management auditors work begins

After the work of a statutory auditor ends
Before the work of a statutory auditor begins
Varies from firm to firm
None of the above

The correct answer is: A. After the work of a statutory auditor ends.

A management auditor is an independent auditor who is appointed by the management of a company to review the company’s financial statements and internal controls. The management auditor’s work begins after the work of a statutory auditor ends. This is because the statutory auditor is responsible for providing an independent opinion on the company’s financial statements, while the management auditor is responsible for providing an independent opinion on the company’s internal controls.

The statutory auditor’s work is typically completed before the company’s financial statements are released to the public. The management auditor’s work is typically completed after the company’s financial statements have been released to the public.

The management auditor’s work is important because it helps to ensure that the company’s internal controls are effective. Effective internal controls help to prevent fraud and errors.

The management auditor’s work is also important because it helps to ensure that the company’s financial statements are accurate. Accurate financial statements help investors to make informed decisions about whether to invest in the company.

Here is a brief explanation of each option:

  • Option A: After the work of a statutory auditor ends. This is the correct answer.
  • Option B: Before the work of a statutory auditor begins. This is not the correct answer. The management auditor’s work begins after the work of a statutory auditor ends.
  • Option C: Varies from firm to firm. This is not the correct answer. The management auditor’s work always begins after the work of a statutory auditor ends.
  • Option D: None of the above. This is not the correct answer. The correct answer is option A.
Exit mobile version