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Ceiling on the Number of Audits

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Vipul (Querist)
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28 July 2009 I have a query regarding Ceiling on the Number of Audits..
i know the limit is 20 (excluding pvt ltd companies etc) for a partner but in my firm the partner easily signs more than 20 audits.. the ICAI also has an announcement saying company audits will be max 30... but here too my partner signs more than 30...
also can someone explain that if there are 5 partners in my firm the max number of audits would be 100 but is it restricted to 20 per person?

Ankur Garg (Expert)
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28 July 2009 Yes.

It is restricted to 20 per person though total no. of audits are 100.

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