05 December 2009
One of the previous auditor not given No objection Certificate due to Draft Balace Sheet not provided by BOD to Auditor but we have recived appointment from C&AG to done audit. what shpuld we do?
05 December 2009
Normally previous CA does not give NOC in case he has already signed and given to you an audit report for the year in question. he may have also issued other certificates for the year in question but you may have taken permission for his removal after such signing. If he is not giving NOC he has to give a satisfactory reason in writing and any certifications done by him has to be taken into account by new auditor.