Time limit of record
This query is : Resolved
Kanchan Aggarwal
(Querist)
06 October 2012
How much year an auditor must kept the audit working papers like quarry sheet, certificates from management, copy of audit report etc. with them.
CA. Jatin Gupta
(Expert)
06 October 2012
SA 230 prescribes a period of 10 year. So it must be kept for 10 year.
Kanchan Aggarwal
(Querist)
08 October 2012
I have conducted the last audit of a firm/company for the financial year 2007-08 after than I resign. Whether it in nrcessary to take record till now.
CA. Jatin Gupta
(Expert)
08 October 2012
yes it's necessary that you keep all records till now.
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