To whom does a company auditor make the report on the financial statements required by section 143(2) of the Companies Act, 2013?
Question and options
To whom does a company auditor make the report on the financial statements required by section 143(2) of the Companies Act, 2013?
The board of directors
The audit committee
The Registrar of Companies
The members
Answer and explanation
Section 143(2) of the Companies Act, 2013 requires the auditor to make a report to the members of the company on the accounts examined and on every financial statement laid before the company in general meeting. The board receives and attaches the report, and the company files it with the Registrar, but the report is addressed to the members.
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