external audit

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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What are the five major types of external forces that should be examined as part of an external audit? Give an example of each type of force

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External audit: An examination carried out by an unbiased accountant is known as an external audit.
The primary goal of this kind of audit is often to certify an entity's financial statements.
Certain lenders and investors, as well as all publicly-held companies, want this accreditation. 

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