Auditor of government company
21 October 2011
In 'Indian companies Act,1956', Section 619 is overriding Section for Sections 224 to 233;does that mean auditor of government companies can be a person other than CA ?
24 October 2011
Satutory Auditor of a Govt. Company is appointed by CAG but the remuneration is fixed by the Company in its General Meeting. Statutory Audit is done by CA's only.
However, CAG aslo get a supplementary Audit conducted by their staff which may or may not be a CA.