Decisions to purchase or sell securities, lend money, extend commerical credit, enter into employment agreements, and other kinds of economic decisions depend in large part on financial information. Financial decision makers usually obtain their accounting information from companies that want to obtain loans or issue stock. Professional, independent, expert, outside auditors lend credibility to financial information by attesting to the accuracy of the financial information. Management is responsible for providing the financial statements.
Auditors provide the one page audit report conclusions.
There are many different types of auditors. They include Bank Examiners, IRS auditors, state regulatory agency auditors, internal auditors hired by companies and federal and state government auditors. Christians should find the field of auditing interesting. For example, if everyone were honest and ethical, financial statements would always be correct, and there would not be a demand for auditors. However, Christians understand that man is a fallen being, subject to all kinds of temptations such as theft, dishonesty, greed.