COST ACCOUNTANT=INTERNAL AUDITORS

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SIDDAROODHA HIREMATH (Querist)
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29 May 2010 HELLO SIR....

WHETHER A COST ACCOUNTANT(ICWA) CAN ACT AS A INTERNAL AUDITORS OF A COMPANY...IF YES PLS INDICATE THE SEC NO

Rishab Mathur

Rishab Mathur (Expert)
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29 May 2010 Yes CWA can act as an internal auditor nothing is mentioned in company's act contrary to it but it is upto the statutory auditor to rely on his report or not

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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29 May 2010 YES A COST ACCOUNTANT CAN ACT AS AM INTERNAL AUDITOR OF A COMPANY. ( HE SHOULD NOT HAVE BEEN APPOINTED AS A COST AUDITOR IN THAT COMPANY)

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CMA RV Padmakumar.A

CMA RV Padmakumar.A (Expert)
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29 May 2010 yes agreed with experts...internal audits are not statuary, so it is not in companies act..

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