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How often is mandatory rotation of auditors required for listed companies and certain other classes of companies as per the Companies Act, 2013?
  • a)
    Every 3 years.
  • b)
    Every 5 years.
  • c)
    Every 7 years.
  • d)
    Every 10 years.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
How often is mandatory rotation of auditors required for listed compan...
According to the Companies Act, 2013, listed companies and certain other classes of companies are required to rotate their auditors every 5 consecutive years. This provision aims to enhance audit quality and independence.
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How often is mandatory rotation of auditors required for listed companies and certain other classes of companies as per the Companies Act, 2013?a)Every 3 years.b)Every 5 years.c)Every 7 years.d)Every 10 years.Correct answer is option 'B'. Can you explain this answer?
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