Auditing · Company Auditor Rights and Duties
ABC Ltd. restrained the company auditor from visiting its branch office and accessing branch accounting records on the grounds that a separate auditor had been appointed for the branch. Choose the correct legal position regarding this.
- 1The auditor needs to take the formal approval of the branch auditor for the visit.
- 2The auditor needs a written confirmation from the management before visiting the branch.
- 3The company auditor cannot visit the branch when a separate auditor is appointed for that branch.
- 4The company auditor has the right to visit the branch, even if a separate auditor is appointed for the branch.✓
Correct answer
The company auditor has the right to visit the branch, even if a separate auditor is appointed for the branch.
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