Teaching UP TGT Mock Test Series 2025 Accounting and Auditing Financial Statements Analysis Auditing
What is the prime objective of an audit in view of Section 129 (1) of Companies Act 2013 ?
1
To ascertain that the financial statements show a true and fair view of its financial position and earnings
2
To complete the audit at the earliest
3
To sign the financial statement
4
To only check few things without going into details even if there is a suspicion