AR & Co., were the Secretarial Auditors of PQ Ltd. The audit was carried out by the team, as per the requirements of the Companies Act, 2013 covering various aspects including compliance with corporate laws and gover

The auditor should review all working papers to determine whether they are relevant and have a useful purpose, evidence the audit work performed and sufficiently support the audit findings. In addition, the auditor should ensure the conclusions reached were reasonable and valid, and that the office working paper standards were followed. The auditor should review all audit review notes to be certain that all notes have been resolved within the working papers. Documentation obtained and not relevant to the audit should be returned/destroyed upon the completion of the audit. The review will consist of: Determining compliance with working paper guidelines. Reviewing the audit program that outlines the major objectives of the audit, and ensure that the procedures accomplish the objective(s). Reviewing the audit procedures and the referenced working papers to ensure the working papers support the procedures performed and all procedures have been completed. Determine that the working papers adequately are documented and the conclusions reached in the report. Ensuring that all findings prepared have been discussed with the appropriate member of management, and that the disposition of the audit concerned is documented. Documenting review notes.