Wrote on 20 March 2013
yes
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Wrote on 24 January 2013
yes
Wrote on 28 December 2012
Yes it help the organisation for better internal control & many other benifits could be take hence this provision should remain
Wrote on 28 December 2012
Wrote on 27 December 2012
Please change from 5 years to 3 years.
Wrote on 27 December 2012
This is Very good step by government to bring more transparency in the Corporate Government.
Wrote on 27 December 2012
yes. it provide chance to new chartered .
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
YES
Wrote on 27 December 2012
help in preventing the frauds to the some extent.
Wrote on 27 December 2012
help in preventing the frauds to the some extent.
Wrote on 27 December 2012
Yes
Wrote on 27 December 2012
Wrote on 27 December 2012
Wrote on 27 December 2012
Wrote on 27 December 2012
Wrote on 27 December 2012
Wrote on 27 December 2012
yes
it well help all the stakeholders, and lead to better governance
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
yes,it not effects the independence.....
Wrote on 27 December 2012
Yes as this will give a clear position
of company and will reduce the chance of manipulation
Wrote on 27 December 2012
yes now company financial accounts cannot be diluted easily
Wrote on 27 December 2012
Its very healthy exercise in context of corporate governance.
Wrote on 27 December 2012
Yes,It should be Mandatory for rotation of auditor every 5 years in Co bill 2011 a step in right direction
Wrote on 27 December 2012
fucjh
Wrote on 27 December 2012
yes
Wrote on 27 December 2012
Wrote on 26 December 2012
Wrote on 26 December 2012
that will surely help small practitioners.
Wrote on 26 December 2012
Mandatory rotation work in harmony will enable better monitoring Companies sector.
Wrote on 26 December 2012
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Wrote on 26 December 2012
yes
Wrote on 26 December 2012
Yes , Will bring more transparency in company audits n new thoughts will emerge
Wrote on 26 December 2012
Yes
Wrote on 26 December 2012
Yes
Wrote on 25 December 2012
Wrote on 25 December 2012
yes in fact it should be made to 3 years
Wrote on 25 December 2012
Wrote on 25 December 2012
YES
Wrote on 25 December 2012
Co bill should have made rotation of auditors (for especially big4's ) every 3 years.
Wrote on 25 December 2012
Wrote on 25 December 2012
Wrote on 24 December 2012
yes,it provide the oppurtunity for new entrants
Wrote on 24 December 2012
Yes
Wrote on 24 December 2012
it is correcct
Wrote on 24 December 2012
yes
Wrote on 24 December 2012
yes
Wrote on 24 December 2012
Wrote on 24 December 2012
Wrote on 24 December 2012
Wrote on 24 December 2012
Wrote on 24 December 2012
Good Decision . .
Wrote on 24 December 2012
its a good decision.
Wrote on 24 December 2012
It will enhance independence.
Wrote on 24 December 2012
yes,It is very good direction.It is gud for both proffesion as well company.Now auditor would have more independency.
A respect would also increase for auditors.
Wrote on 24 December 2012
it will enhance inpendence of auditor
Wrote on 24 December 2012
WHY
Wrote on 24 December 2012
yes, this is right step
Wrote on 24 December 2012
yes
Wrote on 24 December 2012
Its good because it will bring transperancy and independence
Wrote on 24 December 2012
yes
Wrote on 24 December 2012
yes..this step is not only correct but also necessary in Indian context. auditor's independence may get qualified if their tenure is over 5 years.. i suggest this period may also be reduced to 2 years.
Wrote on 23 December 2012
No matter what rules are legislated we Indians can always find loopholes and / or circumvent the rules.
Wrote on 23 December 2012
It will add more knowledge, expertise & accuracy in activities & lead to lesser frauds.
Wrote on 23 December 2012
Yes.
Wrote on 23 December 2012
yes
Wrote on 23 December 2012
Wrote on 22 December 2012
Wrote on 22 December 2012
Yes , Will bring more transperancy in compay audits n new thoughts will emerge
Wrote on 22 December 2012
Wrote on 22 December 2012
it will be very beneficial for new entrants
Wrote on 22 December 2012
i supported it, company needs to maintain records transparency
Wrote on 22 December 2012
ROTATION IS COMPULSORY AND IT IS VERY BENEFICIAL FOR NEW ENTRANTS
Wrote on 22 December 2012
Wrote on 22 December 2012
YES
Wrote on 22 December 2012
yes
Wrote on 22 December 2012
if there is a continuous fraud in the company then we can find that easily.
other wise every co. is like a satyam scam
Wrote on 22 December 2012
its good for new CAs
Wrote on 22 December 2012
Its Goood
Wrote on 22 December 2012
Q
Wrote on 22 December 2012
this is necessary for arm length relationship with company and auditor
Wrote on 22 December 2012
Yes, this move will create more opportunities for new entrants in the ca practicing field.
.jpg "Dipesh Jain")
Wrote on 22 December 2012
It is beneficial on both views i.e.
According to auditor's point of view there is more chances to handle audit as well as for new practicing CA, it will be a good step.
According to corporate view, they get fair and transparent report.
Wrote on 22 December 2012
Surely the movement should happen to avoid any malicious practice whihc can be adopted by company & auditors :)
Wrote on 21 December 2012
Its welcome news, but it should reduce to 3yrs
Wrote on 21 December 2012
THAT WILL IMPROVE THE EFFECTIVENESS OF ASSURANCE SERVICES PROVIDED BY THE AUDITORS....
Wrote on 21 December 2012
Wrote on 21 December 2012
It is necessary to maintain in-dependency of the auditor.
Wrote on 21 December 2012
Yes
Wrote on 21 December 2012
Now the Competency will start between the Auditor's and we can hope that Audit fee will reduce and quality of report will increase.... Thank You Company Law Board and Law Maker's
Wrote on 21 December 2012
Wrote on 21 December 2012
yes... It will provide more opportunities to New CA's, But the period should be less than 5 Years...
Wrote on 21 December 2012
perfect amendment
Wrote on 21 December 2012
yes, but the period should be within 5 years which can results more transparency in statements
Wrote on 21 December 2012
no sp.
Wrote on 21 December 2012
Yes, because there will be more fair judgement regarding the accounts of the companies.
Wrote on 21 December 2012
YES
Wrote on 21 December 2012
its necessary for fair dealing with compliances of statute
Wrote on 21 December 2012
YES its necessary to rotate the auditor
Wrote on 21 December 2012
Wrote on 21 December 2012
Yes. However, there will always be instances where the same audit team will conduct the audit with the certifying audit firm being different.
Wrote on 21 December 2012
Wrote on 21 December 2012
Ya, This will give more opportunities to new CA
Wrote on 21 December 2012
Wrote on 21 December 2012
Wrote on 20 December 2012
It will create difficulty for practicing CAs & auditors also after every 5yrs will hv 2 understand business of new client. Those who wnt 2 evade tax will evade it irrespective of different ways brought in by various acts.....
Wrote on 20 December 2012
Wrote on 20 December 2012
hm.....it's gud step
Wrote on 20 December 2012
rotation of auditor should be in every 2 or 3 years
Wrote on 20 December 2012
Wrote on 20 December 2012
Wrote on 20 December 2012
new auditor should take care his work as better way as compared with old auditor for secure auditor job position.
Wrote on 20 December 2012
iT SHALL BE FOR 2 YEARS ONLY
Wrote on 20 December 2012
Wrote on 20 December 2012
bhai dusaro ko bhi muka do
Wrote on 20 December 2012
bhai dusaro ko bhi muka do
Wrote on 20 December 2012
Wrote on 20 December 2012
...
Wrote on 20 December 2012
Very Gud Step
Wrote on 20 December 2012
no.....
Wrote on 20 December 2012
It's better to change the company auditor for every 5 years. the company will be befitted much more and get better audit service.
Wrote on 20 December 2012
It's better to change the company auditor for every 5 years. the company will be befitted much more and get better audit service.
Wrote on 20 December 2012
because you interact with teacher. and ask everything and interacted with teacher
Wrote on 20 December 2012
Yes its very nyc step
Wrote on 20 December 2012
Yes its very nyc step
