15 months audit
Can a statutory auditor conduct audit for 15 month period at the request of client. If so what are the tax & legal consequences??
Generally everytime we conduct audit for accounting year of 12m April to March.
This assignment is in addition to it.
Here Financial year followed by company is same april to march. However, in addition to it, they are requesting for 15m period financials as it is being takenover by other company.