alleryStart learning →Section 19A of which Act covers a CAG test audit report?
AIndian Companies Act 1913
BCAG (Duties, Powers) Act 1971
CChartered Accountants Act 1949
DIndian Audit Act of 1948
Answer & Solution
Correct answer: B. CAG (Duties, Powers) Act 1971
Sub-section (7) provides that section 19A of the 1971 CAG Act applies to the report of a test audit ordered by the CAG.
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