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Firm Registration No -now to be mentioned on Audit report

Statutory Audit 6067 views 4 replies

Dear friends,

Now Firms have to specify their registration number in addition to membership number on Audit Reports. (Announcement by ICAI on 19th Jan 2010).

following is the text.

Announcement on – Requirement to include the registration number of the firm as allotted by ICAI, in the audit reports signed by members of the ICAI - (19-01-2010)
ANNOUNCEMENT FOR THE ATTENTION OF THE MEMBERS

 
The Council of the Institute of Chartered Accountants of India (ICAI), at its 292nd meeting held on January 13, 2010 has decided to require the members of the Institute of Chartered Accountants of India to:
  • Include, in addition to the other requirements relating to signature on the audit report, as prescribed under the relevant Standard on Auditing, the registration number of the firm as allotted by ICAI, in the audit reports signed by them ; and

     
  • Ensure that the resolution passed by the company regarding appointment of the statutory auditor of the company under section 224 of the Companies Act, 1956, also contain the registration number of the firm of the auditor(s) with the ICAI.
 

Replies (4)

From what date will it be applicable? From the date of announcement or some other date -Pls clarify.

it is effective from 01/04/2010

Whether it is neessary to quate on TAX AUDIT too ?

As I am practicing in my personal name, not required to take the firm number. Can I Sign audit report ?

        For X Y Z  & CO.

              Chartered Accountants

              Reg. No.0XXXXN

 

 

                   Sd/

           NAME OF THE MEBER

              Designation as Partner etc

              M.No.XXXXX

 


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