Category Archive for: Legal Provisions Relating to Auditors


Enumerate right of auditors under the Companies Ordinance, 1984. Right of access Every auditor of a company has a right of access at all times to the books,papers, accounts and vouchers of the company. Information and explanations The auditor has a right to. require from the company and the directors and the officers of the company such  information…

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256. Reading and inspection of auditors’ report

The auditors’ report shall be read before the company in general meeting and shall be open to inspection by any member of the company. 257. Signature on audit report, etc. 1. Only the person appointed as auditor of the company, or where a firm is so appointed in pursuance of subsection (2) of section 254, only a partner in…

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Auditor’s Report

The audit report should contain a clear written expression of opinion on the financial statements. Also, when a qualified opinion, adverse opinion or a disclaimer of opinion is given, the audit report should state in a clear and informative manner all the reasons therefor, In this regard, observations of LORD JUSTICE LINDLEY in London and General Bank Ltd. (1895) are…

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Companies Ordinance 1984 – relevant sections 252. Appointment and remuneration of auditors

1. Every company shall at each annual general meeting appoint an auditor or auditors to hold office from the conclusion of that meeting until the conclusion of the next annual general meeting. Provided that an auditor or auditors appointed in a general meeting may be removed before conclusion of the next annual general meeting through a special resolution. 2.…

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