2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Hardik Shah
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Girish Chandra Murmu
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Pramod Kumar Misra
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K. K. Venugopal
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Detailed explanation-1: -The CAG of India has been the external auditor of various international organizations.
Detailed explanation-2: -The Comptroller and Auditor General of India, Girish Chandra Murmu, has been elected External Auditor of Inter Parliamentary Union, Geneva, for a three-year term.
Detailed explanation-3: -External auditors are independent auditors appointed by the company’s shareholders; they usually belong to Certified Public Accountant Firm (CPA) to help remove any bias in the company’s financial review.
Detailed explanation-4: -“12.1 The Council shall appoint External Auditors of international repute who shall audit the accounts of the Organization in accordance with the principles set out in the Annex to these regulations and with such other directives as the Council may give.
Detailed explanation-5: -External auditors must be members of one of the recognised professional accountancy bodies. External auditors normally address their reports to the shareholders of a corporation.