Auditor

This query is : Resolved 

05 June 2014 why it said that auditor is watch dog and not blood hound explain?

05 June 2014 because auditor sniffs the truth and fairness of the books of accounts to be audited.....just like a watchdog.... say for example...a dog is reared by the bungalow owner.... what it does is BARK....it has to BARK i.e. a sort of whistle blower.... once dog barks...it is for the bungalow owner to take the further action..... Auditor, likewise, reports....the action is to be taken by the shareholders.....


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