How would you describe an auditor's responsibility to detect errors, fraud, and illegal acts?

An audit is an assessment of a business or a company that analyzes the place and assess whether it is functioning at certain standards or not. When it comes to an auditor’s responsibility, he should seriously assess the risk that certain errors may cause to the company.

Also, they need to detect sources of error especially any likely cause off material misstatements. They also need to design the audit in such a way as to make certain and assure every one of their capability in detecting any material errors or any fraud. This helps in other businesses assessing that particular business and interact with it also helps people decide whether they want to work together or not.