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Who is responsible for appointing the auditor for the showroom’s statutory audit?

Statutory audit process

Responsible Party

Responsible Party, The responsibility for appointing the auditor for a showroom’s statutory audit typically falls under the purview of the showroom’s management or ownership.

In most cases, the management or owners of the showroom, such as the company’s board of directors or partners, have the authority to select and appoint an auditor to perform the statutory audit.

This auditor is usually chose base on their qualifications, experience, and independence to ensure the accuracy and transparency of the showroom’s financial statements and compliance with relevant laws and regulations.

It’s important for the appoint auditor to maintain objectivity and impartiality while conducting the audit to provide an unbid assessment of the showroom’s financial health.

 

 

To visit: https://www.mca.gov.in/

 

 

For further details access our website: https://vibrantfinserv.com

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