Reputation and independence key to auditor selection


After the turmoil and numerous frauds, scandals and generally difficult issues such as valuation that were thrown up in 2008, the selection of auditors has become a hot topic. This process, often seen as simply routine, has been shown to be essential to the smooth operation of a fund and to providing investors, regulators and the fund itself with an accurate assessment of the fund’s real standing.

The quality and independence of an auditor should be important to an investor as highlighted by rece