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When a company's stock record books are maintained by an outside registrar or transfer agent, the auditor should obtain confirmation from the registrar or transfer agent concerning the:a. Amount of dividends paid to related parties.b. Proper authorization of stock rights and warrants.c. Expected proceeds from stock subscriptions receivable.d. Number of shares issued and outstanding.

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When a company's stock record books are maintained by an outside transfer agent, the auditor should obtain confirmation from the registrar or transfer agent concerning the number of shares issued and outstanding.

What is the work of an auditor?

Auditors examine the financial records of businesses and other organizations to make sure they are accurate and compliant with the law. They may be auditing their own or another organization's financial records, and they may also serve in an advising capacity by suggesting cost- and risk-cutting initiatives. Auditors can be either internal or external.

Standard business hours are frequently followed by some overtime or weekend work during hectic periods, especially near the conclusion of the fiscal year. They could have to work from their client's office while performing audits for them.

The pay for auditors varies by geography and business type.

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