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The appointment of auditor is a crucial compliance requirement for all companies operating in India under the Companies Act, 2013. Auditors play a pivotal role in ensuring financial transparency, validating statutory compliance, and upholding corporate governance standards. They serve as independent professionals who examine financial statements to provide stakeholders with reliable information about a company's financial health. This comprehensive guide covers everything you need to know ... The auditor is the person or firm doing the audit and is ultimately responsible for the validity and reliability of the audit results. An auditor is a professional tasked with the critical role of examining and evaluating the accuracy, consistency, and legality of financial records and business operations. They serve as impartial experts who conduct audits to ensure that organizations adhere to standard accounting principles and comply with regulatory requirements. Auditors provide valuable insights that contribute to the transparency and credibility of financial reporting, which is essential for maintaining stakeholder ... Auditor is one of the several terms that are technically related to corporate finance and accounting. Read on to know the definition, what Auditor is, and how it works in reality.
