Internal audit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2016 Can a CA firm provide internal audit services to a company in which one of the directors is father of partner in CA firm?

Guest

Guest (Expert)

27 June 2016 Yes,there are no qualifications or restrictions for Internal auditors.

Amol S Joglekar (Expert)
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27 June 2016 yes, it may be done. No issues.

Mandar (Expert)
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27 June 2016 Yes , subject to approval under section 188(1)(d)

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