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Thread: ACC311 Fundamentals of Auditing Assignment No. 01 solution april 2011

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    Icon19 ACC311 Fundamentals of Auditing Assignment No. 01 solution april 2011

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    fill solution are in attachment
    “Fundamentals of Auditing (ACC311)”
    Assignment No. 01 Marks: 15 “Appointment of auditor”


    Solution

    (1) Mr. Sajid's appointment will legal if his tenor for employment was 3 years before
    otherwise it be illegal according to 'a'.

    (2) Fine Associates (Pvt) Limited, a consultancy firm can't be appointed as auditors
    because according to subsection 'e' of [Section 254(3)] corporate body can't be appointed
    as external auditors.

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    (3) According to subsection 'a' of [Section 254(3)] Miss Neelam can't be appointed as
    auditor of the company.
    Attached Files Attached Files

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