Examples of Appointed Auditor in a sentence
This will require the Appointed Auditor to review and test the insurer’s systems, processes and controls designed to enable the insurer to report reliable financial information to APRA.
The information provided by an insurer under this Reporting Standard must be the product of systems, processes and controls that have been reviewed and tested by the Appointed Auditor of the insurer.
All referrals to CFS must also be copied to the Appointed Auditor.
The letter summarises the key messages arising from his statutory responsibilities under the Public Audit (Wales) Act 2004 as the Appointed Auditor and his reporting responsibilities under the Code of Audit Practice.
Refer to CPS 520 for a similar restriction on the Appointed Auditor and Appointed Actuary being from the same entity.