Celling limit for no of audit
This query is : Resolved
harsh agrawal
(Querist)
31 October 2013
sir,
i am a CA in full time employment so can i do audit of companies.
i am a CA in full time employment so can i do audit of companies.
Nikhil Kaushik
(Expert)
31 October 2013
yes you can audit companies.
CA Pallav Singhania
(Expert)
31 October 2013
As per companies act Section 224(1B) a CA can accept unlimited no. of private limited company audits.
But as per Chartered Accountants Act, 1949 an auditor can accept maximum 30 company audits.
But as per Chartered Accountants Act, 1949 an auditor can accept maximum 30 company audits.
31 October 2013
No , as you are in full time employment and cannot engage in conducting audit.
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