APPOINTMENT OF AUDITOR

Appointment of auditor is necessary requirement of company. Get assistance for Appointment of Auditor at best challenging affordable rates with fastest processing.

APPLY FOR APPOINTMENT OF AUDITOR

MEANING OF APPOINTMENT OF AUDITOR

Auditor refers to the trained individuals who verify the accounting data and books of the company. Every company is required to appoint an auditor as per the provisions of companies act,2013. Auditors are appointed to protect and safeguard the interest of stakeholders. In case of non-Government Company the first Auditor of the company shall be appointed by the Board of Directors within 30 days from the date of incorporation of company.

DOCUMENTS APPOINTMENT OF AUDITOR

Digital Signature Certificate

DSC of director to sign forms.

Board Resolution

Copy of Board Resolution appointing the auditor.

Details of Auditor

PAN card of the proposed Auditor
Aadhar Card /Voter ID /Passport /Driving License
Auditor Firm Details

Appointment & Consent Letter

Appointment letter issued to the auditor
Consent letter of the auditor

HOW WE WORK

1. Fill the form and make nominal payment.

2. Our experts will collect and verify the necessary documents.

3. Make the balance payment.

4. Drafting of necessary resolutions & documents Preparation.

5. You will receive acknowledgment receipts.

CONGRATULATIONS YOUR AUDITOR IS SUCCESSFULLY APPOINTED!!!

PROCEDURE OF APPOINTMENT OF AUDITOR

At duly convened AGM by the members of the company the auditor shall be appointed.

Intimation is made to the auditor about the appointment along with the resolution copy passed at the meeting.

The company shall file form ADT-1 to the ROC within 15 days of appointment of auditor.

The notice of the appointment of auditor through form ADT-1 is filled along with the details of the form of the auditor and its previous term if served any.

Form ADT-1 is attached with the copies of resolution passed, written consent given by auditor and intimation sent by company.

After check form, attach the DSC of the director & prescruitny the form and upload it on MCA portal.

Frequently asked questions

How to appoint auditor in the company?

In case of Non-Government Company- First Auditor of the company shall be appointed by the Board of Directors within 30 days from the date of incorporation.
In case of Government Company- First auditor shall be appointed within 60 days from the date of incorporation by the comptroller and auditor general of India (C&AG).

Who is eligible to be appointed as an Auditor?

Following are eligible to be appointed as an Auditor:-

A firm or LLP- If majority of partners practicing in India are qualified for appointment as an auditor of a company.
An individual- If he is chartered accountant a proper holding certificate of practice under the Chartered Accountant Act,1949.

Does auditor rotation is allowed and how?

Individual- Reappointment Not more than 1 term of 5 consecutive years.
Firm /LLP- Reappointment Not more than 2 term of 5 consecutive years.

What are the conditions for the appointment of Auditor?

Written consent from the proposed auditor is required for such appointment.
A certificate from the proposed auditor that the appointment that he is eligible to be appointed as auditor and is not disqualified under the provisions of companies act.

What are the services not to be rendered by the Auditor?

As per the provisions of companies Act 2013, The auditor is not eligible to render following services:-
a) Accounting and Book Keeping services.
b) Internal audit.
c) Designing and implementing financial information system.
d) Actuarial services.
e) Investment advisory services.
f) Investment banking services.
g) Rendering of outsourced financial services.
h) Management services.
i) Any other services as may be prescribed.