A government company's auditor is appointed by:
AMembers at AGM
BCentral Government
CComptroller and Auditor-General of India (C&AG) under Section 139(5)
DBoard of the government company
Answer & Solution
Correct answer: D. Board of the government company
1. Section 139(5): C&AG appoints auditors of government companies within 180 days of commencement of financial year.
2. Audit fee is fixed by C&AG.
3. C&AG can also conduct supplementary audit (Section 143(6)) and direct test audit.
_Source: ICAI BoS CA Final Paper 3, Ch 5 "Company Audit"_
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