Can a auditor during his cooling period can give stock verification services to that company in which his cooling period is going on ????
If Yes, please provide sec. under which he can do so.
Whether he can be disqualified for reappointment if he do such stock verification services during his cooling period???
Menu
COOLING PERIOD
Replies (1)
An auditor is prohibited from providing certain non-audit services during their term and cooling-off period under Section 144 of the Companies Act, 2013. Engaging in stock verification—often considered a management function—can jeopardize the auditor's independence, potentially disqualifying them from reappointment and creating a conflict of interest.
Recent Topics :
- GST on Transport
- Which software to buy
- Property Selling and buying
- Office Management System
- Can I pursue articleship alongside a regular full-
- Investment fund's income from ncd distribution to
- Comparative BS PL with Audit report
- Source of funds in IT returns
- Work from home job
- TDS ON ANY PURCHASE OF ANY GOODS - 393(1)
Related Topics :
ARTICLESHIP
18 September 2026
Industrial Trainee
Twenty Point Nine Five Ventures Private Limited
Noida
CA Inter
View Details
CCI
Pro
CAclubindia
