Internal Auditor

Hello!

As per my point of view.

Internal audit is mandatory for a private co which has paid up capital and reserve more than 50Lac. or a avg annual turnover of rs. 5 crore of last 3 years. So in ur case that is required.

Internal Auditor must b a ca. And one professional cannt practice simultaneously  for 2 profession. So u should appoint other person as a internal auditor.

Regards

Nidhi

Originally posted by : nidhigoel89
	Internal Auditor must b a ca. And one professional cannt practice simultaneously  for 2 profession. So u should appoint other person as a internal auditor.

No qualification prescribed for Internal Auditor.

Regards

Hello!

Sry, for my prior post....that was some misunderstanding......Thats correct that there is no minimum qualification prescribed for internal auditor. 

Regards

Nidhi