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How is the 1st auditor of a company appointed?
The first auditor of a company is typically appointed by the Board of Directors within 30 days of the company's incorporation. If the Board fails to appoint an auditor, the shareholders can appoint one at an extraordinary general meeting. The appointed auditor holds office until the conclusion of the first annual general meeting, where a permanent auditor is appointed. This process ensures that the company has a designated auditor from the outset to oversee financial compliance.
Who is General Motors external auditor?
Deloitte
What does CAG stands for?
Comptroller and Auditor General
Who is the present Controller and auditor general of India?
Shashi Kant Sharma, as of July 2014, is the Comptroller and Auditor General of India. Prior to this role, he was Defense Secretary of India.
What is Auditor-general?
The Auditor-General is an independent official responsible for auditing government accounts and operations to ensure transparency, accountability, and compliance with laws and regulations. This role typically involves examining financial statements, evaluating the efficiency of public spending, and reporting findings to the legislature or public. The Auditor-General plays a crucial role in promoting good governance and enhancing public trust in government financial management.
How is the 1st auditor of a company appointed?
The first auditor of a company is typically appointed by the Board of Directors within 30 days of the company's incorporation. If the Board fails to appoint an auditor, the shareholders can appoint one at an extraordinary general meeting. The appointed auditor holds office until the conclusion of the first annual general meeting, where a permanent auditor is appointed. This process ensures that the company has a designated auditor from the outset to oversee financial compliance.
When was Auditor General of Canada created?
Auditor General of Canada was created in 1878.
Who is the auditor general of Sri Lanka?
the auditor general of Sri Lanka is Mr.H.A.S.Samaraweera
Who is considered as guardian of public purse?
CAG Comptroller Auditor General
What is the population of Office of the Auditor General of Norway?
The population of Office of the Auditor General of Norway is 460.
What is Office of the Auditor General of Norway's population?
Office of the Auditor General of Norway's population is 2,007.
When was Office of the Auditor General of Norway created?
Office of the Auditor General of Norway was created in 1816.
Who appoints the comptroller and auditor general of India?
The President of India appoints the Comptroller and Auditor General of India
Indicate the statutory rights that enhance auditor independence?
The statutory rights of the auditor that enhance auditor independence are: · s. 310, which provides that the auditor has the right of access at all reasonable times to the accounting and other records and registers, and an entitlement to require from any officer of the company such information and explanations as required for the purpose of the audit. · s. 329, which provides that an auditor may only be removed from office by a resolution at a general meeting of shareholders of which special notice has been given and the auditor is entitled to make written representations to all shareholders at the company's expense, and to speak at the general meeting. · s. 331, which provides that the auditor is entitled to receive reasonable fees and expenses for the work carried out.
Who was the first auditor general of India appointed in 1860?
Sir Edward Drummond was the first auditor general of India in 1860.
What are the responsibilities of an auditor?
Auditors review a company's financial records and banking information. They make sure the company is presenting the financial information accurately, fairly, and in line with generally accepted accounting principles.
Who was the last Auditor General of India?
last auditor general was V.N. kaul from year 2002 to 2008 and now it is vinod rai.
