Appointment of auditor
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 June 2015
I am appointed as a statutory auditor of a company. The company is intended to reduce the audit fees compare to earlier auditor's fees. Whether I shall be guilty of professional misconduct for undercutting the Audit fees.
21 June 2015
No, because undercutting (Clause 12 of Part I of the First Schedule) deleted through amendment to the CA act in 2006.
Rupesh Jain
(Expert)
24 June 2015
no as tell by mr warier...........
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