11-07-2003, 01:07 PM
Good question.... the fact is i ve been wondering since articleship years why this is the case... appointment of auditors and their remuneration should be set by some kind of audit committee of independent directors... i don't think there will be an acceptance of purely alien person appointing them however i agree there needs to be more independence wrt appointments and remuneration.
... in the same vain i have been wondering why not the management letter and internal control report issued to the shareholder and not the management per se?..
... in the same vain i have been wondering why not the management letter and internal control report issued to the shareholder and not the management per se?..