Asked by Anonymous
Why should an auditor make decisions in the public interest rather than in the interest of management? This is what I have so far. What else can I use?
They are made in the interest of all current and potential (public) shareholders.... if a company makes the decision to go public that means they are liable to the public that invests in them.... if a company wanted to only worry about their own interests then they should have stayed a private company and not asked for public financing through investment in their stock
They are made in the interest of all current and potential (public) shareholders.... if a company makes the decision to go public that means they are liable to the public that invests in them.... if a company wanted to only worry about their own interests then they should have stayed a private company and not asked for public financing through investment in their stock
Answers
Answered by
Ms. Sue
Don't you think there are ethical and legal values involved here for a private company?
The public interest also includes fair taxes paid to governments. If the books are "cooked" then the public doesn't receive the taxes that are due from a company.
The public interest also includes fair taxes paid to governments. If the books are "cooked" then the public doesn't receive the taxes that are due from a company.
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