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The Nature and Extent of Contemporary ‘Audits’ of Directors' Reports
Author(s) -
STOKES DONALD J.
Publication year - 1982
Publication title -
abacus
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.632
H-Index - 45
eISSN - 1467-6281
pISSN - 0001-3072
DOI - 10.1111/j.1467-6281.1982.tb00021.x
Subject(s) - audit , accounting , statutory law , business , joint audit , chief audit executive , work (physics) , audit evidence , internal audit , political science , law , engineering , mechanical engineering
Obligations on auditors to ‘audit’ directors'reports are different in the U.K., U.S.A. and Australia. This study deals with current practices and attitudes of auditors in Australia in relation to the audit of directors'reports contained in the Annual Report of listed companies. The majority of auditors responding to a questionnaire indicated that they do ‘audit’ directors' reports, but there was no consensus on the extent of the work done or whether it should be a statutory requirement.