Statutory Auditor

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Statutory Auditor

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what are some simple examples of statutory liability?

Swetha srinivas 22nd Jul, 2020

hello there!

statutory liablity is a respnsibility imposed on an individual or business by a law. For example, the directors of a corporation assume certain statutory liabilities when they join the board.

some of the examples for statutory liability are policy reserves, premiums collected in advnce, commisiion and expenses payable , and provisiions for polcyholder dividends etcc..,

hope you got your answer, all the best for your future.

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68 Views

I want stady CA .is it correct choose?and which college is best for me?

Yash Dev Student Expert 18th May, 2019

Yes student if you want to pursue CA it's one of the best course for commerce background student. For CA only The Institute of Chartered Accountants of India is the national professional accounting body of India. It was established on 1 July 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted by the Parliament to regulate the profession of Chartered Accountancy in India.
Eligibility criteria :- students must complete their class 12 with any recognized board
Course duration :-5yrs
Feel free to comment if you have any doubt
Good luck

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65 Views

Best college for this career??

Siju Mathai 5th Oct, 2018

Dear Samuel

Please provide further details means you have to specify the correct course you want to pursue other wise there are lots of colleges and universities are there

So please ask the questions properly since specify the correct coycou

Best of luck

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58 Views

does this degree requires any special field of graduation. and can a auditor has chance for working with state government

Anonymous 23rd May, 2017

Hi, What is your qualification and have you applied in any competitive exam?
You can check the details for the same, scope and career in the below link:

CA-Statutory Audit
Good Luck.

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104 Views

What are the duties of Statutory Auditor?

Mona 13th Feb, 2017

A statutory audit is an external auditor who is a legally required review of the accuracy of a company's or government's financial records. His main duty is to determine whether an organization is providing a fair and accurate representation of its financial position or not.

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744 Views

Who is Statutory Auditor?

Mona 13th Feb, 2017

Statutory Auditor refers to external auditor whose appointment is mandated by law. A "statutory audit" is a legally required review of the accuracy of a company's or government's financial records.

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