NOC from Previous auditor

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Querist : Anonymous

Querist : Anonymous (Querist)

24 June 2011 How much time to wait for NOC/any communication from previous auditor after sending letter to him.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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24 June 2011 15 days minimum.

Querist : Anonymous

Querist : Anonymous (Querist)

24 June 2011 Thanks Aditya,
In a case I have send the letter to previous auditor on 17 May asking any objection or not and on 5 June I recd a letter from previous auditor stating that he has objection (No reason was mentioned). I have again sent a letter on 6 June that "mere saying that you have objection without stating any reason/ground, is not a valid objection"
Again I recd a letter from previous auditor on 24 June that he has not received his audit fees and hence he has objection on my accepting the said audit.
What should I do Now, I have already signed the audit report on 20 June

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