Appendix to letter: Terms & Conditions of engagement
Termination of appointment as auditor
In the event that we are replaced as auditor, the successor auditor will have a right to request access to all relevant information that we hold in relation to our audit work. Under the Companies Act, 2014, we are required to cooperate with any such request regarding terminations of audit appointments.
We reserve the right to charge you for the actual direct costs that we incur in complying with such a request from a successor auditor and by signing this letter you agree to this. These will typically include, but are not limited to, the costs of the following:
- copying documents;
- paying someone to make the copies;
- retrieving documents from archive sources; and
- paying someone to attend to such retrieval and to provide documents for inspection by the successor auditor.