Your client Abeka Ltd is threatening to remove your firms as auditors as a result of disagreement on account of the use of inappropriate accounting policies.
Required:
Describe THREE (3) rights as an auditor in relation to the disagreement and subsequent threat of removal. (3 marks)
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• The rights to receive a copy of any written resolution proposal if it concerns him
• Where a resolution being proposed which concerned him the right to attend and be heard at any such meeting.
• Right to make written representation in case he is being replaced.
• A right to hold office till the close of a general meeting if a proposal is made to remove him.
(1 mark each for any 3 valid point made)