Ceiling on number of audits

Whether cost audit included in ceiling of number of audit or not????????

Replies (4)

No man..only Joint Audit, Part Audit and Section 25 companies audit to be considered in ceiling..go through 224(1B) section. 

 

ICAI although has put a ceiling on 30 audits overall, including the audit of pvt ltd companies.

Its 40 instead of 30

Please visit the link below:

 

Limit on number of Audits

this file also help 2 us,

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