Audit engagement
This query is : Resolved
04 May 2009
Can member who has obtained the COP(Member of the institute from 2007 onwards) in the month of May 2009 can be appointed as an auditor for the financial year 2008-09 for an private limited company?
Ca Anand Dubey
(Expert)
04 May 2009
yes
CA Nitin Wadhwani
(Expert)
04 May 2009
No.
Since the auditor must have been appointed in last year's agm and he was not a COP holder then.
Since the auditor must have been appointed in last year's agm and he was not a COP holder then.
Ca Anand Dubey
(Expert)
04 May 2009
Mr. Nitin
1. What If co. want to appoint new auditor in place of previous year auditor (appointed in AGM)?
OR
2. The co. is new one or / and not appointed any auditor yet?
1. What If co. want to appoint new auditor in place of previous year auditor (appointed in AGM)?
OR
2. The co. is new one or / and not appointed any auditor yet?
CA Nitin Wadhwani
(Expert)
04 May 2009
There are no such specific details and answer will also remain even if your options are looked upon.
Ca Anand Dubey
(Expert)
05 May 2009
Dear colleagues / experts
Please give your valuable view on the above
thanks
Please give your valuable view on the above
thanks
05 May 2009
Dear Colleagues/ experts
The facts of the case are, companies last AGM was held on 30th september 2008.In that AGM previous auditor was reappointed . But the auditor has not accepted and expressed his unwilling ness to act as an auditor.(in the month of october) And so far no auditor was appointed for the financial year 2008-09.Please share your views.
The facts of the case are, companies last AGM was held on 30th september 2008.In that AGM previous auditor was reappointed . But the auditor has not accepted and expressed his unwilling ness to act as an auditor.(in the month of october) And so far no auditor was appointed for the financial year 2008-09.Please share your views.
CA Nitin Wadhwani
(Expert)
05 May 2009
I think in this case only the central government will appoint auditor for the company.
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