Auditor of government company
This query is : Resolved
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 ?
CA.JASPAL SINGH
(Expert)
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.
However, CAG aslo get a supplementary Audit conducted by their staff which may or may not be a CA.
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