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Who audits the books of accounting companies?

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Question added by Zaid Mahadin
Date Posted: 2015/04/16
Deleted user
by Deleted user

I did my training at a medium sized firm, and their books were audited by another mid sized audit firm.

 

I have also worked at a small practice who audits the books of some of the group of companies in the large audit firms.

 

I can say without doubt that the examination and training according to the auditing statements and standards, there is an acceptance of professionalism and one audit firm can appoint another registered auditor without concern of unethical behavior. 

 

There is also the associated and linked firms which would be safer option in the choice of registered auditor appointments.

 

I would be interested to follow the question and get an opinion of others.  

Shamseer KM
by Shamseer KM , Accounts and Admin Payroll , KBM Group

Answer is Very Clear and Simple 

 

---    An AUDITOR

 

it is depend upon the size and nature of the business firm.

 - Some firm appoint Statutory auditor ( business firm who get high turn over) 

 - Manufacturing companies appoint COST AUDITOR

 - Small firms appoint internal staff as their auditor

lakshminarasimham mallareddi
by lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Statutory Auditors audits the books of accounting companies.

حسين محمد ياسين
by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة

agree with answers >>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<<<<<<

Deleted user
by Deleted user

agreed with all ....................................

nour ibrahim
by nour ibrahim , محاسب ومراجع قانونى , مستقل

The question is not clear .................

Saidul Alam
by Saidul Alam , Accountant , Akhtar Al Balushi Trad. & Cont. L.L.C

An external Auditor..........................

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