CA Final
711 Points
Joined July 2012
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.