Internal audit v/s payroll services
This query is : Resolved
Santosh Khode
(Querist)
20 January 2014
Hi Friends,
Whether an internal auditor can also take up the payroll assignment for the same client?
Regards
Santosh
Whether an internal auditor can also take up the payroll assignment for the same client?
Regards
Santosh
20 January 2014
Hi
An internal auditor is appointed by mgmt., so if they are ok with it then no problem.
Thanks
An internal auditor is appointed by mgmt., so if they are ok with it then no problem.
Thanks
Nikhil Kaushik
(Expert)
20 January 2014
should not be an issue as internal auditor is supposed to help management manage complainces better...so if the payroll assignment is taken up, it can only add to better compliances.
However, it should be ensured that where any conflict of interest arises, the internal auditor acts in a professional manner and ensure that his integrity is not compromised.
However, it should be ensured that where any conflict of interest arises, the internal auditor acts in a professional manner and ensure that his integrity is not compromised.
Santosh Khode
(Querist)
18 February 2014
Thanks Vaibhav & Nikhil
Message likes :
1 times
Nikhil Kaushik
(Expert)
18 February 2014
you are welcome Santosh..
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Visiting card purchase
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- Equity Share Sale and Purchase
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Whether output tax is taken credit by purchaser
- Number of years as per AS amortisation of Goodwill
- Additional trade name
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
