Auditing Question (1 Viewer)

[celcast]

I was wondering if someone could please help me with a assignment for auditing.

Say if an auditor is doing an audit and he/she knows infomation (eg that a new supplier for the firm is close to recievership) can he/she tell the company. Is it different for private or public information. Hope that makes sense.

Hope the above makes sense. Thanks.

 

[Emily.]

no you cant, not if you found out that information only by being an auditor on another job (i.e. you were the auditor for the company going into receivership)
all info about the companies you work on is classified information.....kinda like doctor patient confidentiality