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Appointment of Auditor

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Appointment of Auditors


All you need to know

Appointment of Auditor
Who is an Auditor?

All the government and non-government organizations have to keep track of their accounts and audit reports as the financial year approaches. The financial statements of these firms need to be thoroughly analyzed and assessed before submitting them to the authorized departments. This assessment of financial documents is done by an Auditor.

Any individual trained to review and verify accounting data and recognised as a Chartered Accountant (CA) under the Chartered Accountant Act 1949 is deemed to be an auditor.

Qualifications of an Auditor:
  • A person is eligible for the appointment as an auditor only if he is a Chartered Accountant.
  • A firm is eligible for the appointment as an auditor only when the majority of its partners are Chartered Accountants practicing in India.
  • In the case where a limited liability partnership firm is appointed as auditor, only the partners who are Chartered Accountants will be authorized to act and sign on behalf of the firm.

Appointment of an Auditor is significant in a company that analyses and understands a company’s financial records to deliver effective analyses and relevant information. Management can use this information to evaluate the company and implement measures necessary to meet their objectives.

An eminent business platform and a progressive concept. It helps in end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. Appointment of Auditors is easy, seamless, cheapest and quickest with Apart from an Auditor Appointment,also helps entrepreneurs with Private Limited Company. also provides Private Limited Company, HUF, LLP Incorporation and One Person Company registration and You may get in touch with our compliance manager email gaurnnatitaxationandlegal@gmail.com for free consultation.


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₹3500/-

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  • Appointment of Auditors


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How to Appoint an Auditor in Company?

5 Easy Steps

    1

    NOC From Old
    Auditors
  • 2

    Consent From
    New Auditors

    3

    Preparation of
    Documents
  • 4

    Filing of Forms
  • 5

    Auditor is
    Appointed

FAQs On Appointment of Auditor


Get answers to all your queries

If the Board fails to appoint, then it shall inform the members about the same. The members shall within a period of 90 days, at an extraordinary general meeting, appoint an auditor.
First auditor, appointed as above, shall hold the office till the conclusion of first Annual General Meeting The Auditor will typically hold term till the conclusion of 6th AGM or 5 years. The appointment of an Auditor can also be made for a period of 1 year, renewable at each annual general meeting.
Our expert will help you in choosing the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at gaurnnatitaxationandlegal@gmail.com.

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