alleryStart learning →If an auditor colluded in fraud, who may order the company to change auditors?
AThe ICAI Council
BThe company Registrar
CThe Board of Directors
DThe NCLT Tribunal
Answer & Solution
Correct answer: D. The NCLT Tribunal
The Tribunal can direct a change of auditors, acting suo moto or on an application, when fraud or collusion is shown.
Keep practising Ethics and Terms of Audit Engagements
Browse all Ethics and Terms of Audit Engagements questions for CA Inter, or explore more Auditing topics.
Related questions
Quoting very low audit fees to win repeat business threatens what?Independence in appearance is also known as what?Which is one of the five threats to independence in the IESBA Code?Why is independence called the cornerstone of the auditing profession?Which action does the principle of auditor independence rule out?A cost audit under section 148 relates to the section 143 audit how?Can the statutory auditor appointed under section 139 also do the cost audit?A cost audit under section 148 is conducted by whom?