banner_ad

Statutory auditor

MCA / ROC Filings 676 views 1 replies

Facts :

In a company X securiteis Limited (The Company) , ABC & Co is the statutory auditor. The Company has two divisions one is Stock Broking and the other is Depository. For Depository division, SEBI needs a concurrent audit report in its own format. The statutory auditor ABC & Co does the internal audit as per the sebi guidelines and gives the internal audit report for the Depository division which is to be submitted to SEBI.

Is it valid as per code of ethics and the present laws. Whether the auditor ABC&Co can be appointed as statutory auditor for the next year.

Replies (1)

Internal auditor....in neither case be an statutory auditor of the same company in which he is doing internal audit...if next year he has left his internal audit....then and then only he can be statutory auditor.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details