Yes, an external auditor can subcontract another external auditor, but this practice typically requires transparency and adherence to professional standards. The primary auditor retains responsibility for the audit's overall quality and compliance with relevant regulations. Additionally, the engagement terms should clearly outline the subcontractor's role and responsibilities to ensure accountability.
PWC
pwc pwc pwc pwc
Deloitte
An external auditor is hired in order to ensure that no corruption or compromise takes place in important matters. The responsibilities of the auditor start when their work starts and ends when the auditing is complete and results submitted.
No. The word auditor doesn't only mean an internal auditor but also an external auditor. An auditor could be an internal or an external auditor. In most cases simply an auditor means an external auditor.
Yes, an external auditor can subcontract another external auditor, but this practice typically requires transparency and adherence to professional standards. The primary auditor retains responsibility for the audit's overall quality and compliance with relevant regulations. Additionally, the engagement terms should clearly outline the subcontractor's role and responsibilities to ensure accountability.
PWC
pwc pwc pwc pwc
Deloitte
An external auditor is hired in order to ensure that no corruption or compromise takes place in important matters. The responsibilities of the auditor start when their work starts and ends when the auditing is complete and results submitted.
ssra and co.
E&y
Kpmg llp
PricewaterhouseCoopers
Job of external auditor is to examine the books of accounts of company and issue a clearance letter regarding the true and fair nature of financial statement.
As of my last knowledge update in October 2023, the statutory auditor of Reliance Industries Limited is Deloitte Haskins & Sells LLP. However, it's advisable to check the latest financial statements or the company's official website for the most current information, as auditor appointments can change.