Question Tag: Auditor's Duties

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BCL – Nov 2023 – L1 – Q3b – Accounts and Audit

Explain the rights, duties, and powers of an auditor under company law.

An Auditor is a person or a firm appointed by a company to execute an audit. To act as an auditor, a person should be licensed by the Institute of Chartered Accountants, Ghana. Generally, to act as an external auditor of the company, a person should have a certificate of practice from the regulatory authority.

Required: Explain FIVE (5) rights, duties, and powers of an auditor. (10 marks)

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BCL – Nov 2023 – L1 – Q3b – Accounts and Audit

Explain the rights, duties, and powers of an auditor under company law.

An Auditor is a person or a firm appointed by a company to execute an audit. To act as an auditor, a person should be licensed by the Institute of Chartered Accountants, Ghana. Generally, to act as an external auditor of the company, a person should have a certificate of practice from the regulatory authority.

Required: Explain FIVE (5) rights, duties, and powers of an auditor. (10 marks)

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