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clifden June 2009

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › clifden June 2009

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by AvatarMikeLittle.
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  • March 16, 2015 at 10:44 pm #232655
    Avatarkerri
    Member
    • Topics: 132
    • Replies: 240
    • ☆☆☆

    Dangerous due to contamination of chemical good, may be defective. Headford audit client did not recall the product.
    If management refuses to disclose then what will the auditors do? As auditors should not disclose info to public unless there is a legal right or duty to do so.
    If remote- defective gds then would auditors disclose?
    If severe then auditors should disclose to relevant authority if there is one or those charged with governance or audit committee. Is this correct?

    March 17, 2015 at 12:52 am #232665
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    Certainly anyway to those charged with governance.

    But are we not looking at a danger to the public and we are therefore heading towards disclosure “in the public interest”

    Take legal advice before disclosing on this ground but that’s what it’s looking like to me

    Ok?

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