Comapny audit


This query is : Open 

27 August 2011 https://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 if you conduct same company branch audit than it will be counted as one.

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.

27 August 2011 If i am doing the audit of just the branch and not the parent company then it will be counted as 1....am i right?


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