Question

87. In partnership business the appointment
of auditor is made :
(A) On the basis of agreement
(B) On the basis of statutory provision
(C) Neither (A) or (B) above
(D) None of the above​

Answer 1

In partnership business the appointment of auditor is made (A) On the basis of agreement.

How to appoint an auditor of a company?

• Appointment of Auditors. Within thirty days from the date of the registration of the Company other than the Government Company.
• it’s Board of Directors need to appoint an individual or a firm as the first auditor of the company.

• The members shall ratify the appointment of the first auditor in the first annual general meeting of the company.

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