External auditors are independent professionals who examine a company's financial statements and records to ensure accuracy and compliance with accounting standards. They provide an objective assessment of a company's financial health, which helps stakeholders, such as investors and regulators, make informed decisions. These auditors typically work for accounting firms and are hired by the company being audited. Their role includes identifying any discrepancies or areas of concern, and they issue an audit report that summarizes their findings. This process enhances transparency and builds trust in the financial reporting of the organization, benefiting all parties involved.