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Wednesday, August 26, 2020 12:51:10 PM
No doubt a company lawyer is involved in the audit to some extent. But it is a small extent. Anybody within the company could be involved in the audit. But the sign off, the opinion, the audit work is performed by the CPA, a third party, INDEPENDENT, external auditor. Not the company lawyer.
CPA’s are qualified to work in the state they are accredited in. CPA’s accredited in the local jurisdiction anywhere in the world would perform the work on behalf of the audit firm who will give the opinion. as such that auditor takes responsibility for the other firm’s work.
CPA firms can belong to networks that allow them to have a trusted source within anothwr jurisdiction.an international
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