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Ideally shareholders or investors would. It’s the same reason why the home buyer pays for the home inspection; it’s a conflict of interest for the selling party
by ashtonkem 6y ago
Ideally shareholders or investors would. It’s the same reason why the home buyer pays for the home inspection; it’s a conflict of interest for the selling party to pay for their inspection.
- thoughtstheseus 6y agoShareholders do pay them. Auditors report to the board, who represent shareholders, not mgmt. In practice though the boards are usually rubber stamps.
- ashtonkem 6y agoIt seems like the board no longer represents the shareholders.