Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
amount exceeding one thousand rupees;
A person holding any security of that company after a
period of one year from the date of commencement of the
Companies (Amendment) Act, 2000
• Verify whether the relevant provisions contained in Section 224
and 225 of Company‘s Act are adhered for the appointment of
an Auditor
• Verify whether the first auditor is appointed by the board of
directors within one year of registration of the company and the
remuneration payable to the auditor is as fixed by the board of
directors
• Verify whether the auditor informs the registrar in the prescribed
form about his acceptance or refusal of the offer
• Verify whether in case of re-appointment of retiring auditor the
prescribed written certificate is submitted
• Verify whether in case of removal of an auditor (before expiry of
the term) a central government approval has been obtained
and submitted to the central government for the removal
• Verify whether a special notice is submitted in the general in
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