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acceptance of audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 February 2010 i have accepted a statutory audit of a private company. i have also send the acceptance letter to the previous auditor.
my queries is that shall i accept this audit, lesser audit fees which previous auditor charged.
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CA SIDHARTH HIRALAL PATNI

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CA SIDHARTH HIRALAL PATNI (Expert)
23 February 2010 the clause of undercutting of fees is being omitted for 2006. If u have followed all the eithes and procedure laiddown by company Act, u can accept the audit
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