Question

Which of the following services cannot be provided to the Company by an auditor appointed under the provisions of the Companies Act, 2013?

• A. Internal Audit
• B. Actuarial Services
• C. Managerial Services
• D. All of these

Hint:

Auditors must remain independent—hence prohibited from managerial or consultancy roles in the same company.

Answer 1

The Correct Option is D

Step 1: Independence of auditors.
The Companies Act, 2013 emphasizes auditor independence and prohibits auditors from rendering certain services that create a conflict of interest.
Step 2: Prohibited services.
Auditors cannot provide internal audit, actuarial services, managerial services, and other prescribed non-audit services.
Step 3: Conclusion.
Thus, option (d) All of these is correct.