Notification of change of auditor

Notification of Changes of Auditors to the Appropriate Audit Authority

Sections 522 to 525 of the Companies Act 2006 set new requirements on auditors and on companies to notify the “appropriate audit authority” when an auditor ceases to hold office.  It is important to stress that both auditors and companies need to notify the “appropriate audit authority” and that there are significant differences in the detailed requirements on auditors and on companies.  

These requirements came into force on 6 April 2008.

This note gives guidance on the circumstances in which the Professional Oversight Board is the appropriate audit authority, how the notification to the POB should be made, and what it must cover.

There are separate requirements, planned or in place,  in relation to the statutory audits of those entities other than companies referred to in section 1210 of the 2006 Act (meaning of “statutory auditor”).  We shall give additional guidance when all these legislative requirements have been finalised. 

If you have queries in relation to this guidance, please E-mail auditorchange@frc-pob.org.uk or phone John Grewe on 0207-492-2345

We set this out by means of two flowcharts, with links to explanatory notes.  

Flowchart for audit firms
Flowchart for companies