Summary OMM 622 W5 Assignment.docx OMM 622 Auditing The University of Arizona Global Campus OMM 622 Financial Decision-Making Auditing According to Epstein (2014), "All public companies must provide financial reports that have undergone an audit-a proces

OMM 622 W5 A OMM 622 Auditing The University of Arizona Global Campus OMM 622 Financial Decision-Making Auditing According to Epstein (2014), "All public companies must provide financial reports that have undergone an audit-a process by which outside certified public accountants (CPAs) examine the books for accuracy and to ensure the company is maintaining its accounts per GAAP" (sect.1.2, para.8). Outside auditors, such as those from a large certified public accounting firm, are often hired to conduct audits. This paper will clarify what the staff should expect the auditors to do and the Sarbanes-Oxley Act's requirements. Staff Expectations of What Auditors Do "Managers, employees, investors, financial institutions, vendors, suppliers, and anybody else who relies on financial information expects these audited accounts to be materially correct. The auditors' sole duty is to express a judgment