Question

    As per the section 144 of the Companies Act 2013, an

    auditor appointed under this Act shall provide to the company only such other services as are approved by the Board of Directors or the audit committee, as the case may be, but which shall not include any of the following services. Identify the incorrect entry in the list. 1. Accounting and book keeping services 2. Internal audit 3. Design and implementation of any financial information system 4. Actuarial services
    A 1 Correct Answer Incorrect Answer
    B 2 Correct Answer Incorrect Answer
    C 3 Correct Answer Incorrect Answer
    D 4 Correct Answer Incorrect Answer
    E All correct Correct Answer Incorrect Answer

    Solution

    Following services are also mentioned in the section: 5. Investment advisory services 6. Investment banking services 7. Rendering of outsourced financial services 8. Management services

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