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24 December 2013
if CA was statutory auditor of ABC co for a.y 12-13 ... now if he is a statutory auditor of ABC co for a.y 13-14 then whether he should issue engagement letter again to co?
24 December 2013
yes. An appointment is renewed every year. So advisable to issue the engagement letter also every year.
26 December 2013
yes after passing a valid resolution an engament letter must be drafted evry year.
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