Question

The first general standard rule observed is that regardless of how capable an individual may be in other fields, the individual can not meet the requirements of the Auditing Standards without the proper _____________.

• A. Business and Finance course
• B. Quality control and Peer review
• C. Education & Experience in Auditing
• D. Supervision and Review skills

Answer 1

Answer: (C)

Education & Experience in Auditing

Education qualification of being a chartered accountant and a relevant experience of auditing is required to be an auditor.

Being a chartered accountant is a basic requirement of being an auditor as per the companies act.