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Q: How is the 1st auditor of a company appointed?
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Who can be and who can not be appointed as auditor of a company?

Led Zeppelin, of course.


What are the qualifications to register as a auditor in sri lanka?

Qualifications of auditors.(1) A person shall not be appointed or act as auditor of a company, unless that person-(a) is a member of the Institute of Chartered Accountants of Srilanka or(b) is a registered auditor.(2) Notwithstanding the provisions of subsection (1), a person shall not be appointed or act as auditor of a company other than a private company or a company limited by guarantee, unless that person is a member of the Institute of Chartered Accountants of Sri Lanka.(3) None of the following persons may be appointed or act as an auditor of a company :-(a) a director or employee of the company;(b) a person who is a partner or in the employment of a director or employee of the company;(c) a liquidator or an administrator or a person who is a receiver in respect of the property of the company ;(d) a body corporate ;(e) a person who, by virtue of paragraph (a), (b) or (c), may not be appointed or act as auditor of a related company.(4) A person who holds any office referred to in paragraph (a), (b) or (c) of subsection (3), may not be appointed or act as an auditor of a company for a period of two years after such person has ceased to hold that office.(5) Regulations may be made providing for -(a) the qualifications necessary to become a registered auditor;(b) the procedure for the registration of auditors;(c) the fees payable for such registration


Who was the first auditor general of India appointed in 1860?

Sir Edward Drummond was the first auditor general of India in 1860.


Which person are not qualified for the appointment as auditor of the company under the companies ordinance 1984?

) A person shall not be qualified far appointment as an auditor,-(i) in the case of a public company or private company which is subsidiary of a public company unless he is a Chartered Accountant within the meaning of the Chartered. Accountants Ordinance, 1961 (X of 1961); and(ii) in the case of a private company having paid up capital of three million rupees or more unless he is a Chartered accountant within the meaning of the Chartered Accountants Ordinance, 1961(X of 1961).(2) A firm where if all the partners practicing in Pakistan are Chartered Accountants may be appointed by its firm name as auditors of a company referred to in subsection (1) and may act in its firm name.(3) None of the following persons shall be appointed as auditor of a company, namely:-(a) a person who is, or at any time during the preceding three years was, a director, other officer or employee of the company;(b) a person who is a partner of or in the employment of, a director, officer or employee of the company;(c) the spouse of a director of the company;(d) a person who is indebted to the company;[ ](e) a body corporate; and(f) a person or his spouse or minor children, or in case of a firm, all partners of such firm who holds any shares of an audit client or any of its associated companies:Provided that if such a person holds shares prior to his appointment as auditor, whether as an individual or a partner in a firm the fact shall be disclosed on his appointment as auditor and such person shall disinvest such shares within ninety days of such appointment.Explanation. - Reference in this section to an "officer" or "employee" shall be construed as not including reference to an auditor.(4) A person shall also not be qualified for appointment as auditor of a company if he is, by virtue of the provisions of sub-section (3), disqualified for appointment as auditor of any other company which is that company's subsidiary or holding company or a subsidiary of that holding company.(5) If, after his appointment, an auditor becomes subject to any of the disqualifications specified in this section, he shall be deemed to have vacated his office as auditor with effect from the date on which he becomes so disqualified.(6) A person who, not being qualified to be an auditor of a company, or being or having become subject to any disqualification to act as such, acts as auditor of a company shall be liable to fine which may extend to twenty-five thousand rupees.(7) The appointment as auditor of a company of an unqualified person, or of a person who is subject to any disqualifications to act as such, shall be void, and, where such an appointment is made by a company, the Commission may appoint a qualified person in place of the auditor appointed by the company.


What types of jobs will lead auditor training get me?

Lead auditor is a great way to develop a job as an auditor. This auditor training is a great way to become a auditor for energy that is being used by a company or individual.


Who is Walt Disney company's auditor?

PricewaterhouseCoopers


Under which article of the indian constitution is the comptroller and auditor general of india appointed?

Artical 146


What is the duty of an auditor?

Duties of internal auditor is to overview the internal control system in company to ensure sound internal control systems. Duty of external auditor is to examin the books of accounts and give verdict about true and fair nature of books of accounts.


Who is the general auditor for American express company?

PwC


Who is Walt Disney company external auditor?

PricewaterhouseCoopers


Who is the auditor for Darden restaurant company?

Kpmg llp


What is an auditor a watchdog or a bloodhound?

The company's internal auditor is a watchdog, making sure rules are being followed. An external auditor is a bloodhound looking for rules that have been broken.