Who should sign the balance sheet first Statutory Auditor or Board Of directors.or any one.?

Question

1)Of Government company.

2) in case of CAGI Audits

Answer 1

First the board of directors will sign the Balance Sheet and then the Auditors

Answer 2

As per provisions of the Act, the Board of Directors shall always sign the balance sheet before the auditor.

Its the Function of the auditor to verify the managements work, not the other way round.