27 August 2011
http://220.227.161.86/12766Council_General_Guidelines.pdf
pls read this carefully and tel me...doesnt the point mentioned in it regarding branch audit mean that the branch audits are included in the ceiling of audits as per ICAI although it is not included as per companies act....but v maximum branch audits can only be 30 nd not more than that?please reply asap.
27 August 2011
For branch audit The ICAI means the branches of any company audited by you and not that of a parent company of which you are the auditor. In case of a company of which you are the auditor and that company has branches then those branches shall not be counted for the limit for the purpose of your audit numbers.
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