Duties of an Auditor
AUDITING

DUTIES OF AN AUDITOR | PROFESSIONAL & UNDER COURT CASES DUTIES

What are Duties Of An Auditor? The auditor is responsible for detection and prevention of errors and frauds. He knows his duty to detect errors and frauds. He takes such measures to prevent errors and frauds in future. In fact, it is difficult for him to do so because officers usually commit frauds because they […]

QUALITIES OF AN AUDITOR
AUDITING

QUALITIES OF AN AUDITOR | PROFESSIONAL QUALITIES & PERSONAL QUALITIES

What are Qualities of An Auditor? As we know that an auditor is a watchdog means that he appointed to look after the interest of shareholders or owners of the business. A watchdog looks after the property of the owner. It is the qualities of anĀ auditorĀ to protect the property of the owners. He must inform […]

QUALIFICATION OF AN AUDITOR
AUDITING

QUALIFICATION OF AN AUDITOR | DISQUALIFICATION | STATUS OF AUDITOR

What is Qualification of An Auditor? A person shall be qualified for appointment as an auditor if he is a chartered accountant within the meaning of the Chartered Accountants Ordinance 1961. He can be appointed as auditor Of (A) public limited company or (B) a private limited company which is a subsidiary to a public […]

Auditor
AUDITING

DEFINITION OF AN AUDITOR | APPOINTMENT AND REMOVAL OF AN AUDITOR

Who is an Auditor? The division of labour has become possible due to industrial revolution. The large-scale companies were formed to do business. The capital was collected from general public through sate of shares. The shareholders were not professional managers. The need of professional management was felt to run the companies smoothly. The separation of […]