Auditors remuneration in Notes to accounts
This query is : Resolved
13 August 2008
In case of change of Auditors during the year, what is the Auditors remuneration to be disclosed in Notes to accounts?
whether it should be the one paid to the Signing auditors only or including the fees to the retiring auditors also?
Thanx.
whether it should be the one paid to the Signing auditors only or including the fees to the retiring auditors also?
Thanx.
13 August 2008
You can include both the remuneration under the same heading.
14 August 2008
Auditor's remuneration in case of companies have to be disclosed in a specified manner like payment for which services (e.g., audit, company law matters etc..) It is not to be disclosed auditor wise. If there was change of auditors during the year, the total remuneration paid to different auditors have to be disclosed segregating between total fees paid for different services rendered.
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