In the context of the Companies Act (Cap. 486), state the rights of an auditor

      

In the context of the Companies Act (Cap. 486), state the rights of an auditor

  

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Wilfred
i ) Right to access books of account and vouchers of the business at all times.
ii) Right to call for information and explanation which he/she considers necessary for purpose of forming an opinion.
iii) Right to attend the AGM regardless of whether accounts are a subject of discussion or not.
iv) Right to indemnity
v) Right to visit branches
vi) Right to information and explanation relating to activities of branches as far as they affect the company affairs.
vii) Right to remuneration
viii) Right to lien-hold on to his report until his fees are paid.
ix) Right to legal and technical advice.
Wilfykil answered the question on February 22, 2019 at 10:04


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