As per Companies Act 2013, internal auditor can be a CA/CMA or any other professional as may be decided by the Board. Is the word "professional" defined ? Can an experienced person ( i.e not a professionally qualified person) , who in the opinionof the Board is capable of handling internal audit , be appointed by Board ?
Menu
Appointment of internal auditor
Replies (1)
The word other professional not defined in the Act who can act as Internal Auditor as board may decide. So in my opinion it can be any person to whom Board deem that he can be appointed as an internal auditor.
Recent Threads
- GST RCM Liability on Royalty on Gujarat State
- Head of income for TDS u/s 194JB
- Property purchase value acquired before 2001
- Error in ITR3 - OS sheet.
- 57th GST Council Meeting: Rate Rationalization on
- Can I amend Bills of Gstr1 after filing for itc re
- REITS and which itr ?
- LONG TERM CAPITAL GAIN ON SALE OF listed SHARES
- AI Tools for Accounting
- Commission are brokerage
Related Threads
CAclubindia
