本文是審計(jì)專業(yè)留學(xué)作業(yè)范文，主要內(nèi)容是討論獨(dú)立審計(jì)師的角色。

Corporate governance and external audit are two interrelated disciplines that are directed towards the accomplishment of almost the same objectives. In the corporate form of business, the affairs of business organizations are vested in the hands of directors and managers who are usually not the owner of the business firm; rather they are professionals to whom salaries and perquisites are paid for their services irrespective of the fact that whether the organization make a profit or sustained losses (Howard, 2008). They work as an agent of shareholders, who have invested their capital in the business organization and the role of agents (management) should be to work for the betterment of their principle (shareholders). In most such organization the objective is usually stated as maximization of shareholder's wealth and the management should try their level best to ensure that they work as an agent for the accomplishment of the principle's objectives (Leimsider, 2006). However, this is never the case, as the management of the organization may indulge in activities where instead of maximizing the shareholder's wealth, they may indulge in activities where the objective is to maximize personal interests and well-being. The corporate governance and external audit are two procedures that are directed towards the same goal, to protect the rights of the shareholder by chalking out methods and procedure where the ability of the management to violate their terms of employment is reduced and they work for the accomplishment of the overall objectives (Devine & Sherman, 2004).

Table of Contents

1. Introduction to Topic: 3
2. The Role of External Auditors in the Corporate Governance Framework: 4
3. Conclusion: 11
4. Works Cited 13