Dear Friends,
Please tell me that a ca firm can conduct audit of a client how many times continiously.
Is there any rule regarding that a ca firm can not conduct audit of a client not more than ****** times continiously.
If yes please Provide the coditions for both internal, statutory audit and with tax audit seperately.
Thanks Regards \
Piyush Chaudhary
For Internal Audit : No Such Requirement. However your Firm Should have engagement Letter
For Statutory Audit : Your Firm should qualify the restriction of 45 tax audit & 30 company audit & your firm should be appointed as an auditor for the f.y. in the AGM or you should have valid appointment letter from firm or individual as the case may be
CAclubindia
