Final answer:
Independent auditing is primarily performed by external auditors who are independent professionals not employed by the company being audited. They provide an objective and unbiased assessment of a company's financial records and provide assurance to stakeholders.
Step-by-step explanation:
Independent auditing is performed by external auditors. External auditors are independent professionals who are not employed by the company being audited, which allows them to provide an objective and unbiased assessment of the company's financial statements and internal controls.
External auditors are typically certified public accountants (CPAs) who have the expertise and knowledge to evaluate the accuracy and reliability of a company's financial records. They conduct thorough examinations of financial statements, including reviewing supporting documentation and performing tests of transactions and balances.
In addition to external auditors, internal auditors, such as internal accountants, may also perform auditing activities within a company. However, independent auditing is primarily carried out by external auditors who provide an independent assessment of a company's financial records and provide assurance to stakeholders.