Statutory Audit
This query is : Resolved
05 October 2010
Dear all,
we are the auditor of pvt. ltd co. from the last 2 years they have not audited their accounts,we have approch them but books are not ready, they have also not file Annual return..
Now wt as a auditor we have to do??? any liability arise on our part ?? Thanks..
we are the auditor of pvt. ltd co. from the last 2 years they have not audited their accounts,we have approch them but books are not ready, they have also not file Annual return..
Now wt as a auditor we have to do??? any liability arise on our part ?? Thanks..
05 October 2010
Since when you are appointed as the auditors?
If you have accepted the appointment, then you should have issued a disclaimer of opinion in your audit report as audit could not be conducted by you.
Auditor is not liable if the company does not file Annual return.
If you have accepted the appointment, then you should have issued a disclaimer of opinion in your audit report as audit could not be conducted by you.
Auditor is not liable if the company does not file Annual return.
05 October 2010
thanks Mr. Suraj...
3 years back..and we are continued as Auditor of the company sine then. and wt kind of liability arise if we fails to give the same???
3 years back..and we are continued as Auditor of the company sine then. and wt kind of liability arise if we fails to give the same???
06 October 2010
Hi
As a good Corporate practice,you should sing only the current account audited by you and should sign on behalf of the company.
Regards
As a good Corporate practice,you should sing only the current account audited by you and should sign on behalf of the company.
Regards
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
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- ADVANCE PAYMENT OF ADVOCATE
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Eway bill not cancelled within 24 hous what can be due
- GST rate and HSN code for sale of racing horses
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
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
