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AUDIT JOB ROLES

EXTERNAL AUDIT

External audit is an independent audit function that provides reasonable assurance that published audited financial reports are free from material
mis-statement and are in accordance with legislation and relevant
accounting standards.


Only auditors registered with an appropriate professional body and qualified
under the Companies Act 1989 or the Further and Higher Education Act 1992
can provide external audit services to higher education institutions.

External auditors are expected to conform to the auditing and accounting standards issued by the Auditing Practices Board and Accounting Standards Committee respectively, as well as to the requirements of the HEFCE Audit
Code of Practice.

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