Chartered Accountant

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ca
21 Points Posted on 19 July 2020
Can a chartered Accountant do annual compliance of his owned, founder of private limited company in which he is director?
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On 19 July 2020 at 08:42 Report
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A Chartered Accountant can indeed manage the annual compliance for their privately held limited company, provided they are a director. However, it's crucial to note that a director is legally prohibited from auditing the same company they are involved with. This distinction ensures independent oversight.

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Practising CA
8954 Points Posted on 19 July 2020
A Director cannot be Auditor of the same company.
1 Reply
On 19 July 2020 at 10:18
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Tax and Business Consultant
11616 Points Posted on 19 July 2020
Yes, Chartered accountant can do a annual compliance in company as a director, but he can't do audit of that company.
2 Reply
On 19 July 2020 at 10:19
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1102 Points Posted on 19 July 2020
Agree with @ Mr.sagar
1 Reply
On 19 July 2020 at 15:24

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