What are the Rights of an Auditor?

By Mandeep Kumar|Updated : July 14th, 2022

The rights of an Auditor include signing the audit report, correcting of the wrong statement, taking technical and legal advice, etc. Apart from this, there are several duties that are performed by an auditor in an organization.

Answer: An auditor has the right to attend the general meetings, examine books of accounts, ask for explanations from the heads of the company, etc.

The rights of auditors have been incorporated in the companies act. The auditor can attend share holder’s meetings and can make statements, can visit the different branches of the company, can make expert advice on his work, can ask for remuneration for the audit work, can correct any wrong statement in a general meeting, etc. The duties of an Auditor are to make special investigations in certain matters like loans and advances made by the company, investments, etc. He/She is responsible for making the report, answerable for the negative points in a report, etc.

Summary:

What are the Rights of an Auditor?

The rights of an Auditor include various points such as examining books of accounts, asking for remuneration for the audit work, signing the audit report, etc.

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