Aguinaldo was appointed as External Auditor
of the United Nations Industrial Development Organization (UNIDO) by the General Conference, UNIDOs highest policy-making body consisting of all Member States, at the conclusion of its 17th Session on 01 December 2017.
M2 EQUITYBITES-May 22, 2017-ABB intents to propose KPMG as external auditor
Although SOX requires that external auditors
only identify material weaknesses in internal controls over financial reporting, the Public Company Accounting Oversight Board (PCAOB) requires an external auditor
to notify, in writing, both the board and management of any material weaknesses or significant deficiencies.
In addition, this SAS does not apply if the client has an internal audit function, but the external auditor
finds that the activities of the function are not relevant to the financial statement audit, if--based on the auditor's preliminary understanding of the internal audit function--the external auditor
does not expect to use the function.
Specific considerations include whether (1) the external auditor
has demonstrated a sound understanding of the company's business and the economic environment's impact on the company and sought feedback on the quality of the services provided; (2) the lead auditor discussed with the audit committee the audit plan and how it addressed areas of accounting and audit risk specific to the company; (3) the lead auditor provided information about the technical skills, experience, and professional objectivity of other auditor teams who also performed services and about their oversight; and (4) the auditor identified and responded to any auditing and accounting issues that arose from changes in the company or changes in applicable accounting and auditing requirements.
The Commission on Audit (COA) will serve another three years as the external auditor
of the World Health Organization (WHO).
BANKING AND CREDIT NEWS-April 30, 2015-RBC names external auditor
for fiscal year 2016
The materiality or the misstatement threshold used by the external auditor
differs from the one used by the internal auditors.
ISLAMABAD, January 26, 2012 (Frontier Star): Pakistan has won the election for the External Auditor
of the United Nations Industrial Development Organization (UNIDO) for a third consecutive two-year term and Auditor General Muhammad Akhtar Buland Rana has been elected as External Auditor
ISLAMABAD, December 08, 2011 (Balochistan Times): Pakistan won the election for the External Auditor
of the United Nations Industrial Development Organization (UNIDO) for a third consecutive term of two years.
After a few years, only the management's external auditor
This presents an opportunity to improve company and auditor efficiencies while maintaining appropriate external auditor