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Sagot :
The meaning of external auditor refers to financial record in a company.
The external auditor refers to inspect client accounting records and express an opinion as to whether its financial statements are presented fairly in accordance with the applicable accounting standards of the entity.
Example of external auditor Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
The Generally Accepted Accounting Principles is a collection of the commonly-followed accounting rules and standards for financial reporting. The four principles of GAAP are the cost principle, the revenue principle, the matching principle and the disclosure principle.
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