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group audit

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › group audit

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by Kim Smith.
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  • October 16, 2018 at 4:05 pm #478770
    iza1
    Participant
    • Topics: 115
    • Replies: 112
    • ☆☆☆

    the component auditors are appointed by the group audit team right. for a newly acquired subsidiary if they already have an auditor will that auditors be removed and the group will appoint new component auditor?

    October 16, 2018 at 6:46 pm #478819
    Kim Smith
    Keymaster
    • Topics: 134
    • Replies: 8304
    • ☆☆☆☆☆

    No – auditor’s are appointed by the shareholders of the company (on the recommendation of management).

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