2 auditors for a public unlisted company


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This discussion clarifies the rules around appointing auditors for public unlisted companies. Generally, only one properly appointed auditor can sign the final accounts. However, a joint audit is an exception, where both appointed auditors must sign the accounts. Appointing two separate auditors without a formal joint audit process is not procedurally sound.

(Querist)
02 June 2022 Can you please clarify if a public unlisted company have 2 auditors wherein either of them can sign the final accounts for the financial year?

03 June 2022 Only auditor appointed properly can sign.
Two'auditors can't be appointed procedurely unless it's a joint audit.

03 June 2022 in a joint audit both will have to sign


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