Section

SECTION 45: Material Irregularity

Part of: Financial Reporting Council of Nigeria Act, 2011

(1) Where, during the course of the audit of an entity, a professional accountant is satisfied or has reason to believe, that a material irregularity has taken or is taking place, he shall, without delay— (a) notify in writing the Chief Executive Officer of the…

Read the full section with Sanctum

Sanctum is the key to all NLC content: judgments, principles, statutes, rules and forms. Choose a plan from 1 month to 36 months.

Get Access I’m a member — Log in