alleryStart learning →Designing a financial information system for an audited company by its auditor is:
APermitted with CEO approval
BProhibited by the Act
CPermitted under a fee limit
DPermitted with member approval
Answer & Solution
Correct answer: B. Prohibited by the Act
Section 144(c) lists design and implementation of any financial information system as a prohibited service.
Keep practising Audit and Auditors
Browse all Audit and Auditors questions for CA Inter, or explore more Law topics.
Related questions
An auditor convicted under Section 147(2) is liable to do what?An auditor who contravenes knowingly to deceive the company faces imprisonment of up to whThe company's fine for contravening Sections 139 to 146 lies in which range?If Sections 139 to 146 are contravened, an officer in default faces imprisonment up to whaA representative attending for the auditor must be:At a general meeting, the auditor has a right to be heard on which matters?Where are report qualifications read, and who may inspect them?For an individual auditor, indirect services include those through whom?