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.
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?