Regulatory Framework

AA – L2 – SA – Q4.2 – Auditor Term of Office

Duration of an auditor’s term of office.

Question

How long is the auditor’s term of office?

A Until the audit is complete

B Until the financial statements are complete

C Until the auditor resigns by writing to the company

D Until the directors remove them

Answer

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Tags: Auditor Appointment, Auditor Term, Companies Act, ICAG, Regulatory Framework
Level: Level 2

Topic: Regulatory Framework and Audit Responsibilities

AA – L2 – SA – Q4.1 – Auditor Removal Rights

Rights of an auditor proposed for removal from office.

Question

When an auditor is proposed for removal from office, which one of the following is he NOT permitted to do?

A Circulate a written statement to members

B Apply to the court to have the proposal removed

C Speak at the AGM where the removal is proposed

D Receive notification of the AGM where the removal is proposed

Answer

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Tags: Auditor Removal, Auditor Rights, Companies Act, ICAG, Regulatory Framework
Level: Level 2

Topic: Regulatory Framework and Audit Responsibilities

Tag (SQ): Regulatory Framework

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AA – L2 – SA – Q4.2 – Auditor Term of Office

Duration of an auditor’s term of office.

AA – L2 – SA – Q4.1 – Auditor Removal Rights

Rights of an auditor proposed for removal from office.

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AA – L2 – SA – Q4.2 – Auditor Term of Office

Duration of an auditor’s term of office.

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AA – L2 – SA – Q4.1 – Auditor Removal Rights

Rights of an auditor proposed for removal from office.

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