Professional regulators are placing more emphasis on the quality of work performed by reporting accountants in respect of 2011 SRA Accounts Rules. In this article, Steve Collings takes a look at some of the most commonly asked questions where this work is concerned, in a Q & A style format. Q: During a recent practice assurance visit, the inspector complained that I had not obtained bank certificates for two selected dates. My understanding was that the bank statement was sufficient. Is this correct?
About Steven Collings
Steve Collings, FMAAT FCCA is the audit and technical partner at Leavitt Walmsley Associates Ltd where Steve trained and qualified.