What is the external auditor role in the accounting process

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Question - What is the external auditor's role in the accounting process? Discuss how and why current earnings may not be a good barometer of the long-term profits of the firm. How do non-GAAP measures of earnings address this issue?

Why is it important to analyze the historical performance of a company before constructing pro forma financial statements?

Discuss the role of the income statement and balance sheet in the estimation of required external funding and the use of financial leverage.

What are some potential organizational behaviors that may damage a company through earnings expectation management?

Advise management regarding how to focus on viable growth of profitability through long-term strategic goals.

Reference no: EM133021061

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