What will be the responsibility of the statutory auditor in case the service rendered by the company is ultra vires MOA and AOA ?
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Auditors responsibility in case of ultra vires
Replies (1)
Mr Varun, query u have raised.
The things u need to do ate as follows:
1. Ask management to rectify
2. If management refuses, go to Those Charged with Governance
3. If TCWG are also not interested to correct, Qualify the Audit Report.
correction is only the amendment of aoa
The things u need to do ate as follows:
1. Ask management to rectify
2. If management refuses, go to Those Charged with Governance
3. If TCWG are also not interested to correct, Qualify the Audit Report.
correction is only the amendment of aoa
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