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    <description>The Rules govern auditor appointment, tenure and mandatory rotation, require auditors to be practising chartered accountants or firms, set out disqualifications, and prescribe that the auditor&#039;s report must opine on whether financial statements present a true and fair view, assess books of account, identify material misstatements or non compliance, evaluate internal controls, and ensure adherence to applicable accounting standards; listed entities face additional disclosure obligations.</description>
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