Explain the ways in which the auditor’s remuneration is fixed

Section 159(1) of the Companies Act stipulates that every company shall appoint an auditor or auditors to hold office.

a) Discuss the main obligations of an auditor (16 marks)

b) Explain the ways in which the auditor’s remuneration is fixed (4 marks)

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Explain the ways in which the auditor’s remuneration is fixed

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