SRA Handbook

Matters outside the accountant's remit

Back to version 21

Version 1 of the Handbook was published on 16/09/2011. For more information, please click 'History' Above

Rule 41: Matters outside the accountant's remit

41.1

The accountant is not required:

(a)

to extend his or her enquiries beyond the information contained in the documents produced, supplemented by any information and explanations given by you;

(b)

to enquire into the stocks, shares, other securities or documents of title held by you on behalf of your clients;

(c)

to consider whether your accounting records have been properly written up at any time other than the time at which his or her examination of the accounting records takes place;

(d)

to check compliance with the provisions in rule 22 on interest, nor to determine the adequacy of your interest policy;

(e)

to make a detailed check on compliance with the guidelines for accounting procedures and systems (see rules 26 and 40); or

(f)

to determine the adequacy of the steps taken under paragraphs (a) and (b) of rule 20.2.