priti shaw
ARTICLED ASSISTANT
[ Scorecard : 26]
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Posted On 20 November 2008 at 15:42
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What is the ceiling of audit limit under companies act 1956?
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AMIT ADHIA
ca
[ Scorecard : 102]
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Posted On 20 November 2008 at 15:54
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| Originally posted by :priti shaw |
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What is the ceiling of audit limit under companies act 1956? |
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as per companies act ,a ca can accept maximun 20 audits of public limited d com of which not more than 10 comapnides which have a paid up capita l of more than 25 lkhas
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CA Chaitanya
PRACTISING CA
[ Scorecard : 4267]
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Posted On 20 November 2008 at 16:25
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Ya it is corret and it should be read along with notification no.53/2001 , which indicates that the overall audit ceiling is 30 audit assignments.
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ROHIT (Guest)
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Posted On 25 November 2008 at 12:46
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YES IT IS RIGHT THAT A CA HAVING CERTIFICATE OF PRACTICE MAY AUDIT MAXM.20 PUBLIC LIMITED CO.BUT HE CAN AUDIT ANY NOS.OF PVT.LTD.COMPANY.
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ramesh
CA
[ Scorecard : 36]
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Posted On 05 January 2009 at 20:50
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Can any one mail me schedule V part II of the companies act in PDF format or provide the link to download
thanks ramesh
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khelan
a/c
[ Scorecard : 65]
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Posted On 03 September 2009 at 11:53
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abhi ki limit kya hai
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Aditya Maheshwari
CA
[ Scorecard : 4894]
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Posted On 05 September 2009 at 11:54
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As per institues guidelines in notification no. 53/2001 the total statutory audits of an individual member should be 30
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rajan
articles
[ Scorecard : 24]
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Posted On 04 November 2009 at 13:00
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celling under companies act 1956 : for individual practicing 30 audit assignments whether it is private or other companies.as per the notification of the council undar companes act 13-12-2000 an indivudual or partner would have any no of private companies audits.for partnership firm it is 30per partner & among 30audits not more than 10 public company audits which have paid up capital of Rs.25 lakhs or more.
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