What external auditors do: A primer for audit committee members

This is the first video in our three-part series. These videos describe the roles and responsibilities of external auditors, helping audit committees properly evaluate their work.

This first video in the three-part series provides a primer for audit committee members and other interested parties in gaining a better understanding of the roles and responsibilities of an external auditor.

This video covers:

  • what external auditors do, the role of management, and the audit committee
  • why an audit is performed and what it provides
  • the auditor's responsibilities
  • what a material misstatement
  • who the regulators are
  • the audit committee's role in evaluating the quality of the audit and overseeing the external auditor

Audience:

  • audit committee and board members of Canadian public companies
  • management
  • external auditors