Appointment of First Auditor definition with examples and formula

Definition of Appointment of First Auditor with formula and example to solve the problems with the suitable solution using concept in accounting keeping in mind the limitations and errors. How to calculate Appointment of First Auditor with disadvantages and advantages using the rules in Cost and Management Accounting.

Procedure For Appointment of First Auditor

1.    CONSENT OF AUDITOR: Consent from proposed auditors is obtained first. He should be chartered accountant in case of public company and any other person in case of other company. 2.  BOARD OF DIRECTORS’ APPROVAL: A board of directors meeting … Continue reading

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