Acceptance of audit

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Roobana Shaikh (Querist)
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28 February 2014 I want to draft a letter to accept the audit of a company. What are the compliances with the company law to act as an auditor of a company? what should the letter actually contain?

CS Adnan Shaikh

CS Adnan Shaikh (Expert)
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01 March 2014 Please find below a simple format of letter for acceptance of audit. After you receive a letter from company that members/BOD have appointed you as auditors in the AGM / BM, you should file Form 23B within 30 days from the date of letter.

Regards,
Adnan

CS Adnan Shaikh

CS Adnan Shaikh (Expert)
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01 March 2014 On the letter head of the Auditor

date

To,
The Board of Directors
Name of company
address

Sub: Consent to act as Statutory Auditors of the Company

Dear (name of auditor)

This is with reference to your letter dated (date of letter received from company) regarding our appointment as Statutory Auditors of your Company, we thankfully accept the same. We further confirm that our appointment is well within the limits prescribed under Section 224(1B) of the Companies Act, 1956.

We further assure you our best professional services at all times.

Thanking you,

For (name of CA firm)
(Chartered Accountants)

(name of auditor)

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