Shubham BhardwajShubham bhardwaj asked 2 years ago

In SA 299, who takes the initiative for appointment of joint auditor. 
Is there any Concept of principal auditor as per SA 299.

1 Answers
RaviRavi Staff answered 2 years ago

It is management’s decision whether to have sole auditor or joint auditor.
As per SA 299 all joint auditors have same standing with respect to their areas.
Concept of principal auditor exists in SA 600 which deals branch / subsidiary auditors.

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