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Appointment of Auditor
All you know about Appointment of Auditor
An
auditor is someone who is responsible for evaluating the validity and
reliability of a company or organization’s financial statements. A report
is prepared by him at the conclusion of the audit which
determines the level of accuracy and clarity that the organization has
accounted for.
Every company after incorporation shall appointment an individual or
firm as an auditor within 30 days from the date of registration. At the first
annual general meeting appoint an individual or a firm as an auditor in
prescribed form who shall hold office from the conclusion of that meeting till
the conclusion of its sixth annual general meeting and thereafter till the
conclusion of every sixth meeting.
Provided further that before such appointment is made with the written
consent of the auditor to such appointment and a certificate from him or it
that the appointment if made shall be in accordance with the conditions as
prescribed shall be obtained from the auditor.
