Auditors are mere human

I don't know why people or clients expects too much from an auditor. They think that the job of an auditor is to find any irregularities if there is any from  their company. Well that notion is wrong. Clients should changed their concept about auditors. Auditors' job and responsibility is to audit and to form and express an opinion based on their audit of financial statements that it is free from material misstatement and the assurance that the auditor gives is reasonable assurance and may I stress again REASONABLE assurance not absolute assurance that the financial statements are free from any material misstatements. It is not the responsibility of the auditor to prevent any fraud or irregularities inside the company and it is not also their responsibility to make sure that all your account balances in the financial statement are correct. It is the management responsibility. They also expect that auditor wouldn't commit any mistake as if saying an auditor should have no room for mistakes, well that what most people think, but auditor are mere human who also commit mistakes, No one is perfect and that include auditors.

- 陳錦錦