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Which organisation is set to appoint auditors to conduct ‘Forensic audit’ of listed companies?
A)
CBI
B)
RBI
C)
SEBI
D)
Enforcement Directorate

Correct Answer :   SEBI


As a part of its efforts to curb frauds, Market regulator SEBI is set to appoint auditors for conducting forensic audits of financial statements of listed companies.
SEBI has invited applications from eligible Chartered Accountant firms with at least 10 years of experience in the field of audit or forensic audit, among other criteria. In October 2020, SEBI asked listed companies to make disclosures about their initiation of forensic audit to stock exchanges.

Published On : July 17, 2021
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