Skip to content
Sign inRegister

AA

Auditors’ Rights, Appointment, Removal, Resignation and Regulation - ACCA Audit and Assurance (AA)

YouTube video

36 Comments

  1. KimTutor
    Only shareholders can remove auditors from office by ordinary resolution passed in a general meetings (i.e. 50% of votes). Yes 28 days is LW-ENG/GLO - so can be considered assumed knowledge. However, number of days will not be examined in AA as it is a "global" exam with no variants - in this lecture it just serves to illustrated that there is a process for the removal of auditors - there is no "summary (instant) dismissal" of auditors such as might be possible for employees.
  2. adatya
    shouldn't shareholders be the only one to remove auditors form office? Although directors can be delegated the task of appointment of auditors, ultimately shareholders are the responsible for the appointment. And also about the 28 days notice, is it taken from Corporate Law? Cause i didn't see the notice period in chapter 2 on study hub (maybe it's in later chapters?)
    Your response would be appreciated.
  3. Mefunu
    how can i download this video
  4. mrjonbainModerator
    They are not available for download.
  5. Naomi
    When the auditors resign and the new auditors ask for information about the company, are the resigning auditors allowed to furnish any information without the client's consent?
  6. Gayathri
    Depends on the information
  7. KimTutor
    Please ask technical questions on the tutor forum https://opentuition.com/forum/ask-acca-tutor-forums/ask-the-tutor-acca-audit-and-assurance-aa-exams – “comment” is for comment only.
  8. Mitchel
    Hello, can I use these lecture notes for December 2022 exams?
  9. KimTutor
    Yes - but please can you be sure to ask questions on the tutor forum rather than in the comment fields under lectures/practice tests, etc.
  10. Soumya
    Hi,

    Can anyone please guide me how to get rid off these ads ?

    Thank you
  11. KimTutor
    You can't - it's the same for tutors (its where OT's revenue comes from in order to provide you and 000s of students every year with free resources).
  12. Ali
    hello, can I use these lectures and notes for June 2021?
  13. KimTutor
    Yes
  14. Arsith
    Can i use these lectures for 2020 September exams?
    Please reply
  15. KimTutor
    Yes - please see the post “Changes from June 2020 to September 2020 ACCA exams” at the top of the AA forum https://opentuition.com/forum/acca-forums/aa-audit-and-assurance-forums/
  16. SANNA
    When is the examination for F8. I want to start the course now. Please reply is urgent.
  17. KimTutor
    This thread is for comments on the lecture - please use the relevant forum to ask other questions.

    For information about ACCA exams (there is no longer "F8" - it became AA nearly two years ago) I suggest you start with this page https://www.accaglobal.com/hk/en/student.html - you can navigate to exam dates using the link to exams on the left hand side
  18. Richard
    Are these up to date for March Exams?
  19. KimTutor
    Yes - and nothing has changed in respect of this syllabus area for some time - so if you remember your knowledge of company law from LW/F4 this should be a quick revision.
  20. nokthu
    Sir are these notes plus the Revision kit enough for me to pass an exam?
  21. jwang8
    thanks to the lecture, explained the lesson in a very understandable way.
  22. lloyd
    These videos can not be downloaded
  23. KimTutor
    That is correct. It is how OpenTuition provides these resources for free.
  24. Rishab Bohra
    Sir companies that are operating in different countries should follow the guidelines stated by IAASB or should they follow the guidelines stated under their concerned national legislation??
  25. khalil786
    Hello Sir

    if I study only these notes, is this enough to pass the paper?

    are these notes OK for March 2019 attempt.?
  26. MohamedSupporter
    Trust me. Open tuition notes, lectures and a revision kit from either kaplan or BPP is enough to pass this exam well. i managed to get very good grades with this approach.
  27. Opeyemi
    Sir,

    What happens with the reappointment of Auditors at every AGM, if they were contracted for a fixed period of time, e.g. 5 years contract?
  28. kengarrettTutor
    They can't be contracted for a fixed period.
  29. amskendi
    thanks sir
    it's interesting
  30. isamahd
    How to Download this video
  31. lloyd
    These video can not be downloaded
  32. Godfrey
    Are these lectures valid for the September exams.
  33. lateswaree
    Thank you.
  34. Tobi
    Thank you for the lecture Sir.

    I am reading a material that says that on resignation, the auditors also need to send A written Notice & Statement of Circumstance to members and creditors of the company.

    Is this correct please?
  35. Mahrukh
    Are the rights & duties of an auditor examinable in a seperate question, if yes, can we write a general answer to it, as they are different in every jurisdiction, is it necessary to write in exam according to UK legislation?
  36. Kenneth Excellent
    Like this

Leave a comment