The Appointment of Auditor Resolution is a crucial corporate governance document required under Nigerian law whenever a company needs to appoint or reappoint its external auditor. This document is mandated by the Companies and Allied Matters Act (CAMA) 2020, which requires all registered companies in Nigeria to have their financial statements audited annually by qualified professionals. The resolution must be passed either at an Annual General Meeting or through a written resolution of shareholders, depending on the company type and circumstances. It should detail the auditor's particulars, appointment terms, and compliance with regulatory requirements. This document is essential for maintaining proper corporate governance and ensuring compliance with Nigerian financial reporting and audit requirements.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Company Information: Full legal name of the company, registration number, and registered address
2. Meeting Details: Date, time, and venue of the meeting where the resolution was passed
3. Authority and Quorum: Statement confirming proper notice and quorum requirements were met
4. Resolution Statement: The formal resolution text appointing the auditor, including the auditor's name and registration details
5. Terms of Appointment: Duration of appointment and financial year(s) to be audited
6. Remuneration: Statement on how the auditor's remuneration will be determined
7. Authorization: Authorization for officers to execute necessary documents and take required actions
8. Certification: Signature section for company secretary or authorized officer to certify the resolution
1. Removal of Previous Auditor: Required when replacing an existing auditor, including statement about the proper notice and procedures for removal
2. Special Notices: Include when there are specific notices received from shareholders proposing the appointment
3. Audit Committee Recommendation: Include for public companies where the audit committee has made a recommendation
4. Regulatory Compliance Statements: Additional statements required for listed companies or regulated industries
1. Auditor's Consent Letter: Written consent from the appointed auditor accepting the position
2. Auditor's Qualification Certificate: Copy of the auditor's professional qualifications and ICAN membership
3. Independence Declaration: Declaration from the auditor confirming their independence as required by CAMA 2020
4. Previous Auditor's Resignation Letter: If applicable, the resignation letter from the previous auditor
Relevant legal definitions
Act
Annual General Meeting
Audit Committee
Auditor
Board
CAMA
Company
Directors
Financial Reporting Council
Financial Statements
Financial Year
FRCN
ICAN
Independent Auditor
Meeting
Members
Previous Auditor
Register of Members
Registered Office
Resolution
Secretary
Shareholders
Special Notice
Statutory Audit
Annual General Meeting
Audit Committee
Auditor
Board
CAMA
Company
Directors
Financial Reporting Council
Financial Statements
Financial Year
FRCN
ICAN
Independent Auditor
Meeting
Members
Previous Auditor
Register of Members
Registered Office
Resolution
Secretary
Shareholders
Special Notice
Statutory Audit
Clauses
Relevant Industries
Financial Services
Manufacturing
Retail
Technology
Healthcare
Energy
Real Estate
Telecommunications
Agriculture
Mining
Construction
Transportation
Education
Professional Services
Non-Profit Organizations
Public Sector
Relevant Teams
Legal
Finance
Compliance
Corporate Secretariat
Board of Directors
Audit Committee
Risk Management
Corporate Governance
Regulatory Affairs
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Company Secretary
Finance Director
Board Chairman
Board Director
Audit Committee Chairman
Audit Committee Member
Financial Controller
Compliance Officer
Legal Counsel
Corporate Governance Officer
Risk Manager
Finance Manager
Accounts Manager
Find the exact document you need
Resolution To Add Director
A Nigerian law-compliant corporate resolution document for the formal appointment of a new director to a company's board, including statutory declarations and regulatory filing authorizations.
find out more
Board Resolution Ratification
A formal document under Nigerian law used to validate and confirm previous board resolutions, ensuring compliance with CAMA 2020 and corporate governance requirements.
find out more
Board Resolution For Takeover Of Company
A formal Nigerian corporate document evidencing board approval and authorization for a company takeover, compliant with CAMA 2020 requirements.
find out more
Board Resolution For Subscription Of Shares
A Nigerian corporate document recording board approval for new share issuance, compliant with CAMA 2020 requirements.
find out more
Board Resolution For Shifting Of Registered Office
A Nigerian corporate document recording the board's formal decision to change the company's registered office location, compliant with CAMA 2020.
find out more
Board Resolution For Removal Of Authorised Signatory
A formal Nigerian corporate document removing an individual's authority to sign documents and conduct banking transactions on behalf of a company, in compliance with CAMA 2020.
find out more
Board Resolution For Joint Venture Agreement
A Nigerian corporate document recording board approval for entering into a joint venture arrangement, including necessary authorizations and governance elements.
find out more
Board Resolution For Increase In Authorised Share Capital
A Nigerian corporate document recording the board's resolution to increase the company's authorized share capital, compliant with CAMA 2020.
find out more
Board Resolution For Conversion Of Loan Into Equity
A Nigerian law-governed board resolution document authorizing the conversion of a company loan into equity shares.
find out more
Board Resolution For Authorisation To Represent The Company
A Nigerian corporate resolution authorizing designated individuals to represent and act on behalf of the company, in compliance with CAMA 2020.
find out more
Board Resolution Approving Transaction
A Nigerian corporate document recording board approval for a specific transaction, compliant with CAMA 2020 requirements.
find out more
Board Resolution Appointment Of Auditor
A Nigerian corporate resolution documenting the board's formal appointment of an external auditor, in compliance with CAMA 2020.
find out more
Board Resolution Appointing Representative
A Nigerian corporate resolution documenting the board's appointment of a company representative and specifying their powers and authority under CAMA 2020.
find out more
Resolution For Signing Authority In Bank
A Nigerian corporate resolution that authorizes specific individuals to operate company bank accounts and conduct banking transactions under Nigerian banking laws.
find out more
Board Resolution For Incorporation Of Wholly Owned Subsidiary
A board resolution authorizing the incorporation of a wholly owned subsidiary under Nigerian law, compliant with CAMA 2020.
find out more
Board Resolution For Company Closure
A formal Nigerian board resolution documenting the decision to close a company and outline the closure process, compliant with CAMA 2020.
find out more
Resolution For Opening Bank Account Of Society
A legal resolution document under Nigerian law authorizing the opening and operation of a bank account for a registered society.
find out more
Board Resolution For Ratification Of Agreement
A formal Nigerian corporate document recording board approval and ratification of an agreement, governed by CAMA 2020.
find out more
Board Resolution For Share Purchase Agreement
A Nigerian law-governed corporate resolution documenting board approval and authorization for a share purchase agreement, in compliance with CAMA 2020.
find out more
Board Resolution For One Person Company
A formal Nigerian legal document recording decisions made by the sole director-shareholder of a one-person company under CAMA 2020.
find out more
Board Resolution For Change In Shareholding Pattern
A Nigerian corporate document recording board approval for changes in company share ownership structure, compliant with CAMA 2020 requirements.
find out more
Board Resolution For Appointment Of Legal Representative
A Nigerian board resolution document appointing a legal representative and defining their scope of authority under CAMA 2020.
find out more
Board Resolution Change Of Directors
A formal Nigerian corporate document recording board decisions regarding changes in company directorship, compliant with CAMA 2020 requirements.
find out more
Board Resolution Change Of Address
A formal Nigerian corporate document recording the board's approval to change the company's registered address, compliant with CAMA 2020.
find out more
Appointing A Director By Ordinary Resolution
A Nigerian legal document for appointing a company director through ordinary resolution under CAMA 2020.
find out more
Corporate Resolution Signing Authority
A Nigerian corporate resolution that designates authorized individuals to sign documents and enter into binding agreements on behalf of a company, in compliance with CAMA 2020.
find out more
Resolution To Add Signatory To Bank Account
A Nigerian corporate resolution authorizing the addition of a new signatory to company bank account(s), compliant with BOFIA and CAMA regulations.
find out more
Board Resolution For Call On Shares
A Nigerian corporate resolution authorizing the board to require payment of unpaid amounts on partly paid shares, compliant with CAMA 2020.
find out more
Board Resolution For Bank Guarantee
A Nigerian corporate document authorizing company representatives to obtain and execute a bank guarantee, compliant with CAMA 2020 and banking regulations.
find out more
Board Resolution For Appointment Of Corporate Representative
A Nigerian law-compliant board resolution document appointing and authorizing a corporate representative to act on behalf of the company.
find out more
Board Resolution Accepting Resignation Of Director
A Nigerian corporate resolution documenting the board's formal acceptance of a director's resignation, compliant with CAMA 2020.
find out more
Board Resolution For Transfer Of Vehicle
A Nigerian corporate document authorizing the transfer of a company-owned vehicle, compliant with CAMA 2020 and road traffic regulations.
find out more
Board Resolution For Incorporation Of Company
A formal Nigerian corporate document recording board decisions and authorizations for company incorporation, required under CAMA 2020 for CAC registration.
find out more
Board Resolution For Digital Signature
A Nigerian board resolution authorizing the implementation and use of digital signatures in company operations, compliant with CAMA 2020 and electronic transaction laws.
find out more
Board Resolution For Declaration Of Dividend
A Nigerian corporate document recording the board's formal resolution to declare and pay dividends to shareholders, in compliance with CAMA 2020.
find out more
Board Resolution For Creation Of Charge
A Nigerian corporate document authorizing the creation of a security interest over company assets, requiring board approval and CAC registration under CAMA 2020.
find out more
Appointment Of Auditor Resolution
A Nigerian corporate resolution document for the formal appointment of an external auditor in compliance with CAMA 2020.
find out more
Resolution To Change Bank Signatories
A Nigerian law-governed corporate resolution authorizing changes to company bank account signatories, specifying new signing mandates and transaction limits.
find out more
Directors Resolution
A formal document recording board decisions under Nigerian law, compliant with CAMA 2020 requirements.
find out more
Board Resolution For Sale Of Company
A Nigerian law-compliant board resolution document authorizing and approving the sale of a company, providing formal corporate approval under CAMA 2020.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)