As per the peer review guidelines no firm having five partners or more can do attestation services from 01
04.23 unless the firm is peer reviewed.
My query is attestation services includes Bank Audit?
Peer review of ICAI phase II
Replies (1)
Yes.
The attestation services which shall be subjected to peer review include auditing or verification of financial transactions, books, accounts or records and verification or certification of financial accounting and related statements as defined under section 2(2)(ii) of the Chartered Accountants Act, 1949.
https://www.icai.org/post.html?post_id=1978
Recent Topics :
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
Related Topics :
CAclubindia
