Is it necessary to inform previous CA while accepting audit of a Proprietory Concern?
If yes, then what is procedure?
Kindly reply
With regards
2 Replies
%$ anil ....article trainee
(help ever fnd forever)
(204 Points)
Replied 05 August 2011
Hello sir...appointment of a regular auditor cn be given under section224(1)...plz refer
RG - A Helping Hand
(Company Secretary)
(13867 Points)
Replied 05 August 2011
Yes it is very much advisable to inform previous CA befor accepting the assignment simply by sending a letter. His approval is not required. But there must be sufficient proof that you have sent the intimation to the previous auditor.
Thanks
RG
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