An overview of the present and the future of the professional activity carried out by external auditors of financial statements

Abstract

The purpose of this essay is to present an argumentative discussion on different aspects of the current harsh reality of public accountants in our country when performing external audits on accounting statements.

In addition, a glance into the future is cast by dealing with some improvements that could be made and, thus, enhance the prestige of our profession. It should be noted that the “certified” nature of our professional qualification refers to our legal authority to attest documents, recognised by those presenting us with accounting statements prepared by the company’s management and submitted together with a report or opinion written by a public accountant.