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Can you explain why entities change their auditors/professional accountants?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2017/03/06
Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

Changing auditors can be done for every valid reasons ,but it can also be result in negative publicity _It is a design that attract intense. Security from the press and investors , and.... _It is a governance question, no matter has the reason for the change might be _Changing is vary from a company to another

Hashem Albasha
by Hashem Albasha , Accounting Support Adviser , AL Mustwa AL Raqi

thanks for the invitation

Because the auditor must be impartial

If the auditor stayed a long time in the same company may be established personal relationships with some of the staff may affect the fairness of the Auditor's Report

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