I am handled statutary audits of Individual,Firm & Pvt.Ltd.Company in our office.I want to know what is the exact duites & responsibilities of statutary auditor in audit.
Which area I have to concentrate more at the time of audit & finalisation.
While audit of pvt.ltd.companies how to know which section is applicable or not? & which section is violate or not? In ROC matter also how to know what is applicable or not?
03 June 2008
auditor's responsibilities : u read an audit report. there are abt 6 points on which auditor has to express his opinion. further there is CARO 2003 which have abt 23 ponits, on which auditor has to express his opinion.
to become enable to express any opinion on these points, u have to get full insgight of company's working including its accounts.