audit & assurance
This query is : Resolved
24 August 2007
hii frnnzz
pl explain SECTION 226(1) which is regarding the disqualifications for the appointment of auditor.........
eagerly waiting 2 hear a reply
pl explain SECTION 226(1) which is regarding the disqualifications for the appointment of auditor.........
eagerly waiting 2 hear a reply
27 August 2007
Hi,
sec. 226(1) states that only a CA as per CA Act 1949, can be an auditor of a company. now as per sec. 2(2) of CA Act only a "member in practice" can offer such professional services. so only a member in practice can be an auditor of a company in India.
and as regards disqualifications, sec 226(3) specifies five clauses or five categories of "persons" who can't be the auditor of a company.
pls let me know if you have any further doubt in this issue..
sec. 226(1) states that only a CA as per CA Act 1949, can be an auditor of a company. now as per sec. 2(2) of CA Act only a "member in practice" can offer such professional services. so only a member in practice can be an auditor of a company in India.
and as regards disqualifications, sec 226(3) specifies five clauses or five categories of "persons" who can't be the auditor of a company.
pls let me know if you have any further doubt in this issue..
30 October 2007
Dear Sang,
Our expert Mr. Kaustav has explained very nicely. Go through five categories.
Our expert Mr. Kaustav has explained very nicely. Go through five categories.
Ravikumar.G
(Expert)
09 November 2007
Thanks Mr.Kaustuv
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