Process of Auditing
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1
A practicing Chartered Accountant can be the Auditor of the company.
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2
The auditor needs to write a written consent for agreeing to the criteria given in Section 141 of the company.
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3
After this letter is received the board of director appoints a resolution to appoint the Auditor
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4
The auditor then needs to audit the accounts before the end of the each financial year.