Possession of working papers
This query is : Resolved
07 June 2018
Can internal auditor demands working papers(prepared by the accountant) from the employee of the company.The Case is that the accountant has provided all the information and explanation that is demanded by the Internal Auditor but the Internal Auditor also demanding the workings formats (Excel Sheets and Handmade working of the accountant) of the accountant for his documentation.Can he demand so? Because he Intends to use that working formats for himself in other engagements.Actually I am dealing with the Internal Auditor who is demanding my working formats that i had prepared for me and I dont want to provide the same to the auditor.However I had provided all the necessary informations and explanations to the Internal auditor.plz provide your valuable suggestions.
07 June 2018
that depends on whether your engagement as accountant with this client covers the working papers or not. If it does, then these working papers should normally be treated as client's papers and then it would be at client's discretion to share or not share it with the auditor
Message likes :
1 times
28 June 2018
What if he is asking me for my blank formats which has nothing to do with his the audit work
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