Ceiling limit of audit

Can a Practicing CA accept audit of 50 pvt. ltd.companies ??

Replies (6)
No because it is not as per icai guidelines

As per my knowlege a practicing CA can take Unlimited number of Audit of a Private Limited Company...

As per companies act, a Practising CA can take unlimited Pvt. companies audit but it is not the same as per ICAI Guidelines.

As per  companies act Section 224(1B) a CA can accept unlimited no. of private limited company audits.

But as per Chartered Accountants Act, 1949 an auditor can accept maximum 30 company audits.

Here company includes private as well as public companies.

So for example a CA is not having any other company audit still he can accept only 30 private limited companies audit.

As per  companies act Section 224(1B) a CA can accept unlimited no. of private limited company audits.

But as per Chartered Accountants Act, 1949 an auditor can accept maximum 30 company audits.

by applying Rule of harmonious construction

Ca can done 30 audit maximum(whether pvt and pub co.)

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details