THE NATURE of auditor-client relationships is changing, according to Dean Westcott, president of the Association of Chartered Certified Accountants (ACCA).
Speaking last Monday at Hilton Barbados during an ACCA roundtable, he said this was related to ongoing global debate about whether the scope of the audit function needs to be expanded.
Westcott noted that in the past auditors were only professionally and legally obligated to communicate with their clients.
However, he said the auditor increasingly is being asked “to act, in a sense, as the agent of the state”.
Read the full story in today’s BARBADOS BUSINESS AUTHORITY.
