AUDITOR OF THE COMPANY
Governance / Auditor of the Company
Auditors of the Company
Independent Audit & Financial Transparency
Mandviwalla Mauser Plastic Limited (MWMP) is committed to maintaining the highest standards of financial transparency, accountability, and regulatory compliance. To ensure the integrity and accuracy of our financial reporting, the company appoints independent external auditors who conduct annual audits in accordance with the applicable auditing and accounting standards.
Our external auditors provide unbiased oversight of our financial statements, internal controls, and compliance frameworks.
Current Auditor:
Ibrahim Shaikh & Co.
The company’s statutory financial statements are audited by an independent, registered firm of chartered accountants, appointed in accordance with the Companies Act, regulatory requirements, and best corporate practices.
Auditor Responsibility Summary
Role & Responsibilities of the Auditor
- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances.
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
- Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists.
- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether they represent the underlying transactions and events in a manner that achieves fair presentation.
Their oversight strengthens investor confidence and ensures the company’s financial integrity.