rights and duties of company auditor
Answers
Answer:
Rights of Company Auditor: The Companies Act, 1956
Rights to access the books and records.
Right to get explanations from company staff.
Right to receive notice of general meetings.
Right to visit branches.
Right to seek legal and technical advises.
Right to claim remuneration.
Right to refuse to commence the audit.
Explanation:
Rights of Company Auditor: The Companies Act, 1956
Rights to access the books and records.
Right to get explanations from company staff.
Right to receive notice of general meetings.
Right to visit branches.
Right to seek legal and technical advises.
Right to claim remuneration.
Right to refuse to commence the audit.
Auditor Job Duties:
Ensures compliance with established internal control procedures by examining records, reports, operating practices, and documentation. Verifies assets and liabilities by comparing items to documentation. Completes audit workpapers by documenting audit tests and findings.
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