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Rules and regulation
1.4 Rights and duties of an auditor
Rights during appointment as auditor
Access to the company’s books and records at any reasonable time.
To receive information and explanations necessary for the audit.
To receive notice of and attend any general meeting of members of the
company.
To be heard at such meetings on matters of concern to the auditor.
To receive copies of any written resolutions of the company.
Rights on removal/resignation
To request a General Meeting of the company to explain the circumstances of
the resignation.
To require the company to circulate the notice of circumstances relating to the
resignation.
Duties of the auditor
The external auditor's primary duty is to audit the financial statements and provide an
opinion on whether the financial statements give a true and fair view (or are fairly
presented in all material respects).
They may have additional reporting responsibilities required by local national law,
such as confirming that the financial statements are properly prepared in accordance
with those laws.
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