05 October 2013
Conduct of supplementary audit u/s 619 (2) where a special
Investigation has also been ordered by the management
1. Auditors appointed under section 619(2) of the Companies Act, 1956 have discovered the following, while conducting preliminary investigation for their audit:
(i) that there was no effective internal central system operating in the company, and
(ii) that there was a change in the management of the company subsequent to the period under audit and the present management had ordered a special investigation for the year under audit. This investigation was also being conducted by a chartered accountant.
CAclubindia
