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AUDIT AND AUDITORS

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Marks: 10

Q.   1

Every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its: 

Q.   2

For appointing an auditor other than the retiring auditor,

Q.   3

Unicorn Steel Private Limited is incorporated as on 02.06.2022, board of directors of the company held board meeting as on 15.06.2022 to appoint Jain Ajmera & Associates as a first auditor of the company for a term of 5 years. As per section 139(6) of the Companies Act, 2013, the board shall appoint first director within 30 days from the date of registration of the company. Evaluate the legal validity;

Q.   4

Which of the following is a prohibited services to be rendered by the auditor of the Company 

Q.   5

For appointing an auditor other than the retiring auditor,  

Q.   6

Which of the non-financial matter, Statutory auditor is required to report in his report: 

Q.   7

The word ‘firm’ for the purpose of Section 139 shall include-

 

Q.   8

Every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its: 

Q.   9

Birthday Card Limited, a listed company can appoint or re-appoint, Mishra & Associates (a firm of Chartered Accountants), as their statutory auditors for:  

Q.   10

The auditor of a Government Company shall be appointed or re-appointed by: 

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