In the statement that “Auditors are well-trained professionals with a clear financial incentive to properly regulate their affairs, so they should be left alone to do so rather than being subject to external regulation ", in this assignment I will discuss who the auditors are and what they do. An auditor is a person who decides whether or not the company's financial reports, such as the balance sheet, income statement, and cash flow statement, have been presented correctly by examining the company's records. auditor of financial reports, they check whether profits and losses have been calculated accurately and whether the company's assets have been mentioned in the balance sheet, auditors also test internal controls and also interview companies with written questions or oral on the average annual salary of auditors. The salary range is £29,395, but also starts at £17,774. There are mainly two types of audit, external audit and internal audit. External auditors are independent certified accountants and audit with certain laws, government entities and rules in financial statements....