External auditing and the performance of commercial enterprises

Abstract

This topic covers the role of external auditing and the performance of commercial enterprises and how they have impact the growth internally and externally of the commercial enterprises. External auditors and commercial enterprises has face many problems of mordent systems of keeping information’s and the control measures put in place by management to provide information’s to auditor’s when it is being needed before auditing. Because management may have play with fraud, embezzlement and financial misstatement which shareholders and owners of business are not happy and may lead to lose much money and confidence in the management of their investment.

External auditors always put internal control measures in their client’s company system in other to see the activities of the management and prevent frauds and mismanagement they also used expertise knowledge in the areas of auditing which they cannot do it by themselves. With the above method put in place by external auditor’s commercial enterprise has greatly grown with great improvement internally and externally to the satisfactions of its stakeholders