Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Is it necessary to resign?
- This topic has 3 replies, 2 voices, and was last updated 8 years ago by MikeLittle.
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- August 25, 2016 at 7:39 am #334864
Hello dear tutor..
I hope that you are well…
There may be 2 reasons which may cause limitation on otbaining sufficient appropriate evidences :
1-management imposed limitation
2-Problems in data capturing system(eg:loss of data because of failure in computer system)Q:the auditor should resign in the first situation…but is it necessary to resign in the second situation?
Or better to ask you:
should auditor resign when the opinion is modified for any reason?Thank you….
August 25, 2016 at 12:19 pm #335136‘… but is it necessary to resign in the second situation? (2-Problems in data capturing system(eg:loss of data because of failure in computer system))
No, it’s not necessary to resign in that situation. That would imply that every time a client faced a data retrieval issue the auditors would resign.
Er, no!
‘Or better to ask you:
should auditor resign when the opinion is modified for any reason?’Absolutely not! Imagine the repercussions if we had resigning auditors every time there’s a modification to the audit opinion!
No, not a practical proposition
August 25, 2016 at 7:03 pm #335198Thank you very much
August 26, 2016 at 5:42 am #335235You’re welcome
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