SUCCESSOR AUDITOR Definition

Bookmark and Share

SUCCESSOR AUDITOR is the auditor of a client for the current year when that client had another auditor in prior years. The auditor who no longer audits  that client is the predecessor auditor.

Learn new Accounting Terms

SPV see Special Purpose Vehicle.

EXTENSION RISK, with mortgage-backed securities, is the risk that rising interest rates will slow the prepayment of underlying mortgages and extend the maturity.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.