Legal Regulation of the Work of the Auditor in the Public Shareholding Company

Abstract

This research is about the legal organization of the auditor's work in the public shareholding company. This research relates to shareholders' rights, because most of the shareholders do not care about the company's affairs except for their share in profit, and most of them lack experience in monitoring the work of the board of directors or auditing. The accounts prepared by the Board and presented to the General Assembly for approval and taking the decisions proposed by the said Council, and for this reason, the law requires the General Assembly of the company to choose the auditor and be qualified persons for this profession to oversee the financial management of the company and its compatibility with Legal texts and regulations as well as their compatibility with the objectives of the company and its statutes.