| Commentary

30 Eligibility for appointment as auditor

| Commentary

30 Eligibility for appointment as auditor

A company auditor is classified as a ‘statutory auditor’ for the purposes of the Companies Act 20061. A person is eligible for appointment as a statutory auditor only if he is a member of a recognised supervisory body and is eligible for the appointment under the rules of that body2. A supervisory body means a body established in the United Kingdom (whether a body corporate or an unincorporated association) which maintains and enforces rules both as to the eligibility of persons to seek appointment as statutory auditors and as to the conduct of statutory

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial