1. the UNIVERSITY of GREENWICH 1 October 2009 L2c Audit and assurance J. E. Spencer-Wood Auditing and assurance Lecture 2c Eligibility of Registered Auditors under the Companies Act 2006

2. the UNIVERSITY of GREENWICH 2 October 2009 L2c Audit and assurance J. E. Spencer-Wood CA2006 and RSB’s CA 06 - RSB’s must have rules to ensure auditors are… qualified (appropriate qualification + member of an RSB + practical experience + Practising Certificate) ‘fit and proper’ persons independent and have ‘professional integrity’

3. the UNIVERSITY of GREENWICH 3 October 2009 L2c Audit and assurance J. E. Spencer-Wood applying technical standards maintaining competence (CPE/CPD) monitored (MU) (6 yearly) covered by Professional Indemnity Insurance (PII) or similar included in a register available to the public and sundry other matters CA’s and RSB’s (cont.)

4. the UNIVERSITY of GREENWICH 4 October 2009 L2c Audit and assurance J. E. Spencer-Wood Ineligibility 1. Officers 2. Employees 3. Partners or employees of 1 or 2 above 4. Partnerships containing 1 or 2 above