AUDITOR WILL BE ASKED TO EXPLAIN.
CERTIFICATES MUST DEAL WITH FACTS ONLY. (Special to the “Star.”) WELLINGTON, July 9. The opinion that an auditor's certificate should deal with facts only was placed on record at a recent meeting of the executive committee of the New Zealand Society of Accountants. The prospectus of a proposed limited liability company embodying a certificate from an auditor regarding the future profits of the company was before the meeting. It was resolved to communicate with the auditor, asking for his explanation and indicating that, in the opinion of the executive committee, the certificate should cover facts, and stating that, as future profits were problematical, the giving of a certificate was considered to be unprofessional.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TS19300709.2.47
Bibliographic details
Star (Christchurch), Issue 19117, 9 July 1930, Page 6
Word Count
119AUDITOR WILL BE ASKED TO EXPLAIN. Star (Christchurch), Issue 19117, 9 July 1930, Page 6
Using This Item
Star Media Company Ltd is the copyright owner for the Star (Christchurch). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Star Media. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.