Question

a person appointed for checking the acconts is knows as​

Answer 1

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a person appointed for checking the acconts is knows as auditor.

Answer 2

The person appointed for checking the accounts is known as an auditor.

Explanation:

The person appointed for checking the accounts is known as an auditor.

• As per Section 139 of the Companies Act 2013, it is generally mandatory for every established business to appoint a qualified person as the Chief Auditor.
• A Chartered Accountant represents a solitary person eligible to be enrolled as an auditor of a business/enterprise.
• An auditor is empowered to review the firm's official records to ensure that the financial statements reflect an accurate and fair representation of transactions.