Get premium membership and access questions with answers, video lessons as well as revision papers.

Describe the duties of an Auditor as set out under the Companies Act.

      

Describe the duties of an Auditor as set out under the Companies Act.

  

Answers


Martin
-Acquaint himself with his duties under the Companies Act and the articles of the company whose books and accounts he is called upon to examine.

- Examine the books, accounts, vouchers and other documents of the company

- Make a report for submission to members in general meeting.

- Act honestly i.e. not certify as true what he does believe to be true.

- Exercise reasonable care, skill and caution of a competent careful and cautious auditor.

- Satisfy himself that the companies security exist and are in safe custody.

- Provide professional advise if called upon to do so.

- Approach his task with an inquiring mind and not with suspicion of dishonesty
marto answered the question on February 5, 2019 at 11:56


Next: Highlight the requirements to be met before a notice of meeting served on members can be held to be valid.
Previous: List and explain the 3 forms of matter

View More CPA Company Law Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions