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Board meetings

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Board meetings

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by AvatarKen Garrett.
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  • February 24, 2019 at 3:58 pm #506407
    Avataralikhakar
    Participant
    • Topics: 186
    • Replies: 79
    • ☆☆☆

    Is it so that auditors are not allowed to attend board meeting other than annual general meeting. For other board meetings they can only obtain the meeting minutes..?

    February 24, 2019 at 5:19 pm #506423
    AvatarKen Garrett
    Keymaster
    • Topics: 10
    • Replies: 10660
    • ☆☆☆☆☆

    The AGM is not a board meeting. Itmis a meeting of all shareholders and auditors are expected to attend that to present the audit report to members.

    Board meetings are for directors. Auditors can attend, but it is rare because the danger is that their independence becomes threatened if they begin to take part in the company’s management.

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