Conduct Secretarial Audit
Conduct Secretarial Audit, A secretarial audit is typically conduct by a qualified professional who has expertise in corporate law, governance, and regulatory compliance. The specific individuals or entities eligible to conduct a secretarial audit may vary based on the jurisdiction and the applicable regulations.
Here are some common professionals who are authorize to perform secretarial audit:
1. Company Secretaries:
Company secretaries, who are professionals with expertise in corporate laws and governance, are often qualify to conduct secretarial audits. They have a deep understanding of statutory requirements, compliance obligations, and corporate governance principles, making them well-suited for this role. In many jurisdictions, company secretaries are specifically recognize and authorize to conduct secretarial audits.
2. Chartered Accountants:
In some jurisdictions, chartered accountants who specialize in auditing and assurance services may also be eligible to conduct secretarial audits. They possess knowledge of financial reporting, internal controls, and auditing standards, which can be valuable in evaluating the compliance and governance aspects of a company.
3. Practicing Professionals:
Depending on the regulations of a specific jurisdiction, other practicing professionals such as lawyers, certified public accountants (CPAs), or registered auditors may be authorized to perform secretarial audits. These professionals should have a strong understanding of corporate laws, governance practices, and regulatory requirements.
It’s important to note that the eligibility to conduct secretarial audits may be subject to registration, licensing, or certification requirements impose by the regulatory bodies or professional organizations in each jurisdiction. These requirements are put in place to ensure the competence, integrity, and independence of the professionals conducting the audit.
Companies should refer to the applicable laws, regulations, and professional guidelines of their jurisdiction to determine the authorized individuals or entities who can perform secretarial audits. Engaging a qualified and experienced professional ensures the audit is conduct effectively.
And in compliance with the relevant standards and regulations.
To visit: https://www.mca.gov.in/
