Mentioned in? 1  airplane maneuver. 2  amplification. 3  animal disease. 4  bind. 5  bowline. 6  bowline knot. 7  branch line. 8  circuit. 9  closed-loop system. 10  coil. 11  control circuit. 12  control system. 13  crochet. 14  electric circuit. 15  electrical circuit. 16  entwine. 17  feedback circuit. 18  flight maneuver. 19  gain.
Responsibility External auditors are responsible to the owners of the company which could be anybody from its owners to the shareholders to the government or general public. Internal auditors are responsible solely to the companyâs senior management.
The auditor's responsibility is to plan and. perform the audit to obtain reasonable assurance that material misstatements, whether caused by errors or fraud, are detected. Materiality in the Context of an Audit. .04 The auditor's consideration of materiality is a matter of professional. judgment and is inï¬uenced by the auditor's perception of the needs of users of. ï¬nancial statements. The perceived needs of users are recognized in the discus-.