Audit-Profesional Ethics-Schedule 2

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Hi all,

I have a query as below.

In the clause 2,Part 1 of 2nd schedule, it is written that if CA in practice certifies any financial statements without examination done by him or his partner or his employee or ANY OTHER C.A. IN PRACTICE then he would be guilty of professional misconduct.

My query is that "is it ok if he certifies the statements examined by "any other CA in practice" & not by him or his firm or employee???

Thanks in advance for any reply.

Replies (1)

as per my understanding to this querry

if he certify without examining by him/ hi partner / his employee then he not follow the SAs

& examined by other ca is case of peer/external review

in my openion it's not ok

if i wrong plz correct me

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