Audit of private companies : lessons to be learned from the UK
Crous, Cornelie,Professional Accountant, 2009, 9-11 (2009),
publicationName = "South African Institute of Professional Accountants (SAIPA)",
issn = "1680-7537",
abstract= "This is the second in a series of three articles. In the previous article issues surrounding the cost-benefit problem for the intended users of audited financial statements were introduced and discussed. As part of the first article a survey was included, with the purpose of identifying potential users of audited financial statements, and to determine their views on the benefits of audit reports for private and limited interest companies, along with their views on the Companies Bill for independent reviews for private companies as an alternative to an audit. With the uncertainty related to the new corporate legislation it is perhaps proper to take an in-depth look at the lessons that can be learned from the United Kingdom. The reason for using the United Kingdom as a benchmark is because of the similarities regarding corporate legislation."
language="English",
type="Journal Article"