Can a director be internal auditor for the same company
This query is : Resolved
N.R. Surya Narayanan
(Querist)
08 November 2011
Mr. A is a chartered accountant who his holding COP and practices as sole-proprietor with name M/s. A&co., chartered accountants. He is also a non-executive director in a Private Limited company. Now can the Pvt.Ltd.co., appoint Mr.A, as its internal auditor......In simple language can a director of a company be appointed as its internal auditor.....
12 November 2011
Professional providing any professional service can not be hold any interest in the same company unless the service influenced by his interest.
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