authorized auditor

Show Summary Details

Quick Reference

An individual granted special authorization to act as the auditor of a company under the Companies Act 1967. Authorizations were granted to individuals not otherwise eligible to act as auditors on the basis of their experience. The power to grant authorizations ended in 1978; since 1989 an authorized auditor is not eligible for appointment as an auditor of a listed company.

Subjects: Financial Institutions and Services — Accounting.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.