THE AUDIT LIMIT FOR A PARTICULAR PARTNER IN A CA FIRM IS 20.HOWEVER,IF THERE ARE FOUR PARTNERS IN A FIRM,IT BRINGS THE NUMBER OF AUDITS FOR THAT FIRM TO 80.NOW,CAN ONE OF THOSE FOUR PARTNERS SIGN 80 AUDITS ON BEHALF OF THE FIRM ?
khushbu (article) (28 Points)
06 January 2015THE AUDIT LIMIT FOR A PARTICULAR PARTNER IN A CA FIRM IS 20.HOWEVER,IF THERE ARE FOUR PARTNERS IN A FIRM,IT BRINGS THE NUMBER OF AUDITS FOR THAT FIRM TO 80.NOW,CAN ONE OF THOSE FOUR PARTNERS SIGN 80 AUDITS ON BEHALF OF THE FIRM ?
sathianarayanan.t
(chartered accountant)
(267 Points)
Replied 08 January 2015
Yes. One partner can sign 80 audits.
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