Statutory audit fees to newly appointed statutory auditors
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 November 2017
Dear Sir/Madam
Please advice, if new statutory auditors are appointed after the retirement of previous auditors of Unlisted company. Can the fees be reduced as per the new terms and conditions and the coverage of work . Earlier the work covered was different.
Companies act do not mention anything about reduction in statutory fees.
Please advice
Thanks...
Please advice, if new statutory auditors are appointed after the retirement of previous auditors of Unlisted company. Can the fees be reduced as per the new terms and conditions and the coverage of work . Earlier the work covered was different.
Companies act do not mention anything about reduction in statutory fees.
Please advice
Thanks...
08 November 2017
Fees may differ from person to person,so reduction is possible since it is not against the professional ethics.
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- FCRA 6 E- Intimation
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
