Auditors

no sir new auditor can not audit the accounts of company for f.y. 2011-12 . however the new auditor is eligible to audit the accounts of company the year 2012-13.

Auditor retires at the ensuing AGM... hence the new auditor appointment takes place in the AGM held...and he can continue for the financial year 2012-13.....

Adoption of accounts does not have any relation with the audit.... if the  accounts of 2011-12 are audited...its upto AGM to decised wheather to adopt or not...

so new auditor appointed cannot take up the old fy 2011-12 if already audited accounts are available...

the question is if the accounts are not audited for 2011-12 then whthr the new auditor can audit the accounts of 2011-12?

yes new auditor can audit the books of accounts

but the CA institute has given a different opinion .. in one of the expert opinion compendium