As per Section 138 of Companies Act 2013, no private company or unlisted company is required to appoint an internal auditor.

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CMA Intermediate Exam: Auditing — practice the complete quiz, review flashcards, or try a random question.

Syllabus of the paper:

Auditing 50% weightage
1. Auditing Concepts
2. Provision relating to Audit under Companies Act


As per Section 138 of Companies Act 2013, no private company or unlisted company is required to appoint an internal auditor.