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Appointment of external auditors

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Appointment of external auditors

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Ken Garrett.
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  • October 26, 2017 at 4:12 am #413226
    dipatil
    Participant
    • Topics: 56
    • Replies: 104
    • ☆☆

    Dear Ken,

    I have an issue to clarify, who is responsible of appointing the external auditors? The board or the audit committe?Thanks for the clarification!

    Regards

    October 26, 2017 at 11:42 am #413271
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10599
    • ☆☆☆☆☆

    If there is one, the AC will make a recommendation to the board. That will be included in a resolution at the AGM for the members to vote on. The members are ultimately responsible for the auditor’s appointment.

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