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ASX Announcement 24 November 2021CHANGE OF AUDITORSINCOMING AUDITOR Reckon Limited (Reckon or the Company) announces that BDO Audit Pty Ltd (BDO) have been appointed as the Companys auditors with

How to fill out change of auditors

How to fill out change of auditors

1. To fill out a change of auditors, follow these steps:
2. Obtain the necessary forms from the appropriate regulatory authority or governing body.
3. Gather all relevant information about the new auditors, such as their name, address, contact details, and qualifications.
4. Fill in the required fields on the change of auditors form, including providing the details of the current auditors and the reasons for the change.
5. Attach any supporting documents or explanations if required.
6. Review the completed form for accuracy and completeness.
7. Submit the filled-out form and any supporting documents to the relevant regulatory authority or governing body.
8. Await confirmation or acknowledgment from the regulatory authority or governing body regarding the acceptance of the change of auditors.

Who needs change of auditors?

1. Companies or organizations that may need to change auditors include:
2. - Companies looking to switch auditing firms due to dissatisfaction with their current auditors.
3. - Companies that have undergone mergers or acquisitions and need to align their audit services with the new structure.
4. - Companies facing legal or regulatory requirements to change auditors.
5. - Companies that have experienced significant changes in their financial operations or structure and require auditors with specialized expertise.
6. - Organizations that want to maintain independence and avoid conflicts of interest by periodically changing auditors.

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What is change of auditors?

Change of auditors refers to the process of replacing one auditing firm or auditor with another to conduct the financial audit of an organization.

Who is required to file change of auditors?

Any organization or company that decides to change its auditing firm or individual auditor is required to file a change of auditors.

How to fill out change of auditors?

To fill out a change of auditors, the organization needs to complete the relevant forms provided by the regulatory authority, detailing the new auditor's information, reason for change, and any other required disclosures.

What is the purpose of change of auditors?

The purpose of change of auditors may include enhancing audit quality, addressing auditor rotation requirements, resolving conflicts of interest, or bringing in fresh perspectives.

What information must be reported on change of auditors?

The information that must be reported typically includes the names of the outgoing and incoming auditors, reasons for the change, and any disagreements with the outgoing auditor.