Final answer:
The objective of an audit of financial statements by an independent auditor is indeed to ensure they are free of material misstatements and accurately reflect the company's financial position and results of operations, which is a true statement.
Step-by-step explanation:
It is true that the goal of an independent auditor's financial statement audit is to confirm that the financial statements accurately depict the company's financial situation and operating results and are free of misstatements.
The purpose of an audit is to give a reasonable assurance that there are no major misstatements in the financial accounts, whether as a result of fraud or error. In order to obtain enough information to form an opinion on the financial accounts, auditors employ various techniques and procedures while adhering to established auditing standards.
Auditors conduct their work following established auditing standards and apply various techniques and procedures to gather sufficient evidence to form their opinions on the financial statements.