Question

.Analyse the different forms of accountability.

28 Aug 2022
Answer :
Word Count : 553

 The different forms of accountability:--

Corporate Accountability

At its most prosaic, accountability is about the numbers. Every public company is required to publish a financial report quarterly and annually detailing its income and expenses. An independent auditor reviewing a company's financial statements is responsible for obtaining reasonable assurance that the financial statements are free from any material misstatements caused by error or fraud.1 This auditor is holding the company accountable for its reporting.

Accountability requires corporate accountants to be careful and knowledgeable, as they can be held legally liable for negligence. An accountant is responsible for the integrity and accuracy of the company's financial statements, even if an error or misstatement was made by ______ ______ ____ ________ ________ ____ _____ ______ ____.
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