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Statutory audit

Auditing

Statutory Auditor is appointed by the Shareholders in the (a) General Meeting (c) EGM (b) Statutory Meeting (d) Board Meeting

Devisree

CMA Inter

★ 0

26-Feb-24 15:13

Answers (4)

Best Answer

General Meeting

Pradnya Bajaj

Faculty

26-Feb-24 20:18

Why here mentioned as EGM??

Thread Starter

Devisree

CMA Inter

★ 0

26-Feb-24 20:21

Thread Starter

Devisree

Why here mentioned as EGM??

This is for first auditor. when u mention only statutory auditor, we presume to be subsequent auditors. First auditors are appointed by BOD, if not then by Shareholders in EGM. Subsequent auditors always in AGM. Question should be first auditor specifically. otherwise the answer for statutory auditors is General Meeting only

Pradnya Bajaj

Faculty

26-Feb-24 20:24

Pradnya Bajaj Faculty

Thanks for clarification.

Thread Starter

Devisree

CMA Inter

★ 0

26-Feb-24 20:32