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auditors

Corporate & Other Laws

can 1st auditor reappointed as subsequent auditor for 5 years without cooling period

Vidyakrishna vidyakrishna

CA Inter

★ 370

26-Apr-24 12:33

Answers (2)

Only for companies who do not have to get their books of accounts audited by CAG.

AK SPEC VIDS

CA Inter

★ 6K+

27-Apr-24 10:47

In case the company has appointed an Individual Auditor, then such auditor cannot be re-appointed after the expiry of 5 years of its term. There should be a cooling off period of at least another 5 years.

Yogesh Konduri NS

Faculty

30-Apr-24 09:25

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