Independent audit of scheme accounts requires fiduciary appointment and incorporation of the auditor's report in annual reporting. Every scheme launched by an FME must have its annual statement of accounts audited by an auditor independent of the FME. Fiduciaries appoint the auditor, ... Summary
Independent audit of scheme accounts requires fiduciary appointment and incorporation of the auditor's report in annual reporting.
Every scheme launched by an FME must have its annual statement of accounts audited by an auditor independent of the FME. Fiduciaries appoint the auditor, receive the audit report, and ensure that the report forms part of the scheme's Annual Report.
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