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Issue ID: 114067
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Authenticity of auditor statements

Date 22 Aug 2018
Replies 2 Replies
Views 981 Views
Asked by
Authentication of auditor statements: recognised through auditors' own certification; no separate procedural authentication process exists.
Authentication of auditor statements concerns whether a separate procedure exists; one view states there is no formal procedure and expert opinions may be solicited, while another view emphasises that the auditor is empowered to verify and certify data and that the auditor's certified report is relied upon for reporting under various laws. (AI Summary)

Sir,

How do we get authentication of auditors statements. To whom we approch. Kindly clarify.

L J ESwar

2 answers
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Replied on Aug 27, 2018
1.

In my view there is no such procedure. However views of experts are solicited.

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Replied on Aug 28, 2018
2.

Auditor himself is empowered to verify and certify the data. Their certified report is referred for reporting under various law.

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