Auditing - Qualifications of a Company Auditor [Sec.141 (1) & (2)] | 12th Auditing : Chapter 9 : Qualifications, Rights and Duties of Auditor

Chapter: 12th Auditing : Chapter 9 : Qualifications, Rights and Duties of Auditor

Section 141 (1) & (2) of the Companies Act, 2013

Qualifications of a Company Auditor [Sec.141 (1) & (2)]

Section 141 (1) & (2) of the Companies Act, 2013 prescribed the following eligibility and qualifications of auditor which are as follows:

1. A person, who is a chartered accountant and holds a certificate of practice, shall be qualified to be appointed as an auditor of a company.

2. The partners who are chartered accountants of a firm alone shall be authorized to act and sign on behalf of the firm.

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12th Auditing : Chapter 9 : Qualifications, Rights and Duties of Auditor : Qualifications of a Company Auditor [Sec.141 (1) & (2)] | Auditing