Auditor can be appointed or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 May 2014
A CA is appointed as Auditor of a Public company i.e.Stock Broking Company. And the father of Auditor is client of that Broking company, having demat & trading A/c. Bill may be outstanding for few days exceeding Rs. 1,000/-
Q. Auditor can be appointed as Auditor? Any Professional ethics is restricting to auditor if relative is client of Auditee and outstanding bill exceeds Rs. 1,000/-?
Thanks in Advance..
Q. Auditor can be appointed as Auditor? Any Professional ethics is restricting to auditor if relative is client of Auditee and outstanding bill exceeds Rs. 1,000/-?
Thanks in Advance..
28 May 2014
for attracting section 226 disqualification co act 1956 the auditor has to be the person and not the clinet even if he is relative ...so audiitor can be appointed in this case.
30 May 2014
CA can appoint as auditor of the stock broking company.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Regarding appeal to GSTAT
- Multiple trade mark
- Value of property in capital gain
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- LC charges in relation to Asset purchased should be Capitalised ?
- Regarding TDS Applicability For Director Remuneration
- Transporter Declaration form
- Copyright software
- Taxation on Swing Trading Income (No Other Income)
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
