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company secretary + auditors

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › company secretary + auditors

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • July 8, 2017 at 6:11 pm #395021
    iloveaccountancy
    Member
    • Topics: 117
    • Replies: 110
    • ☆☆☆

    Hi Mike,

    1. can a company secretary be anyone, including someone who is also a director?

    2. the notes says the one of the secretary’s duties is to: “Arrange the induction process for new neds”. what are neds?

    3. then notes say that auditors: “Cannot be : Partner or employee of the above”. is that a type on employee, where you meant “relative”?

    thank you.

    July 8, 2017 at 9:19 pm #395028
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23347
    • ☆☆☆☆☆

    1) Yes, but unlikely. Private companies do no longer need to have a company secretary and public companies should have a properly qualified company secretary

    So it’s unlikely that there will be many new companies incorporated where the chosen secretary is also a director

    But, in answer to your question, yes! Why not?

    2) Non-executive directors?

    3. “then notes say that auditors: “Cannot be : Partner or employee of the above”. is that a type on employee, where you meant “relative”?”

    No, I meant ’employee’

    OK?

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