Effect of change in constitution of ca firm
This query is : Resolved
03 May 2019
A partnership Firm of Auditors having two partners is converted into a Proprietorship Firm as one partner has resigned and left the firm. The Firm was appointed as Auditors by a Listed Limited Company to conduct the Statutory Audit for FY 2018-19. Please suggest whether the Firm will continue to be the Auditors of the company or some other compliance is required in this regard.
07 June 2019
since the status of the firm has been changed from partnership to proprietor, you need to get it reappointed from the listed company.
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