Company audit123

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This discussion clarifies the meaning of an auditor's 'term' within a company. It confirms that the term refers to the period between Annual General Meetings (AGMs). This understanding is crucial for knowing when an auditor's appointment is valid and the conditions under which they might be removed.

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(Querist)
28 January 2023 “Auditor may be removed before expiry of his term” here what do you mean by “term” whether one year or five year or time between agm?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 January 2023 It's time between agm.
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Kabeer Mohammed

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Kabeer Mohammed (Querist)
28 January 2023 Thank you so much sir
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 January 2023 You are welcome...
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