alleryStart learning →Under s.143(1) of the Companies Act 2013, when may an auditor access the company's books of account?
AOnce each quarter
BOnly at year end
COnly with consent
DAt all times
Answer & Solution
Correct answer: D. At all times
The statute gives every auditor an unrestricted right of access whenever needed for the audit, whatever the place where the books are kept.
Keep practising Powers and Duties of Auditors and Auditing Standards
Browse all Powers and Duties of Auditors and Auditing Standards questions for CA Final, or explore more Auditing topics.
Related questions
A Government company has an auditor. Under s.143(5), who appoints that auditor?An auditor tells only the Board of a large fraud. Which duty is breached?Which model names the three fraud elements as opportunity, pressure and rationalization?How does a forensic accountant's focus differ from an auditor's?Which two roles can a forensic accountant combine?Which case is credited with showing the importance of forensic accounting in the 1930s?A hoax differs from fraud because it involves deliberate deception without what?Which statistical test is used in analytics to detect fraudulent figures in large data set