Question

Distinguish between:
Auditor and Company Secretary.

Answer 1

auditor:

(1)he checks the books of accounts provided by the company to check whether financial statements are true or not.

(2) he will carry out filing of the financial statement and may pay income tax on his behalf.

(3)not the core member of the company.

(4)they cannot advise board of directors .

secretary:

(1)he checks whether the company is complying on the rules and regulations of the law.

(2) he will just maintain the books of accounts

carry out filing the filing of financial statements with ROC(registrar of companies)

(3)the core member of the company

(4)can advise the board of directors in the case of the company.