- This topic has 1 reply, 2 voices, and was last updated 8 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
“Another key reason for the auditor changing is that the auditor chooses not to stand for election for another year”.
why does an auditor has to stand for election, is it because they are removed ,why if they are removed the client wants them back?
Auditors have to be elected / re-elected each and every year!
It’s to prevent auditors being elected for long periods and exposing client companies to the prospect of having to pay enormous damages in compensation when they choose to change auditors
Access the Devro plc financial statements on the internet, turn to the “notice of Annual General Meeting” and see what’s on the agenda in the early part of that agenda
OK?
Viewing 2 posts - 1 through 2 (of 2 total)
- The topic ‘re election of auditors’ is closed to new replies.