Auditor

This query is : Open

Ashutosh Shukla (Querist)
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13 September 2013 Can internal Auditor of Holding company become statutory Auditor of subsidiary company? if not then what should be done to remain statutory Auditor of subsidiary company ?

CA Pallav Singhania

CA Pallav Singhania (Expert)
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13 September 2013 No, where An internal Auditor is an employee of the company, he's disqualified to appoint as a Statutory Auditor..

Statutory Auditor can't be appoint as an Internal Auditor or visa-verse...

Ashutosh Shukla

Ashutosh Shukla (Querist)
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16 September 2013 Can internal Auditor of Holding company become statutory Auditor of subsidiary company? if not then what should be done to remain statutory Auditor of subsidiary company ?

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Ashutosh Shukla

Ashutosh Shukla (Querist)
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16 September 2013 Can internal Auditor of Holding company become statutory Auditor of subsidiary company? if not then what should be done to remain statutory Auditor of subsidiary company ?