Auditors are used to keep track of various transactions and accounting activities of the company. They are not qualified enough to advise companies on IPO, raising finances, mergers, acquisitions etc.
May 02 2013 02:46 PM
For that you need investment bankers and corporate finance advisors.
Auditors are only concerned with the accounting issues. However bankers and corporate finance advisors need to know accounting along with other strategic and operational issues.