Auditor appointment query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 July 2012
the company appointed the auditor of the company as "XYZ & CO, Chartered Accountants" in the duly held AGM on 30/09/2011.
At that date the auditor firm was a sole proprietorship firm.
But w.e.f 01/04/2012 the auditor firm, "XYZ & CO" has become a partnership firm.
Can the new partner who joined the firm from 01/04/2012, sign the auditor report & balance sheet of the company on 01/07/2012.
Or else what is the procedure,
Whether it is a case of casual vacancy?
Whether the company has to appoint the partnership firm again as auditors? if yes how??
or else what has to be done??
At that date the auditor firm was a sole proprietorship firm.
But w.e.f 01/04/2012 the auditor firm, "XYZ & CO" has become a partnership firm.
Can the new partner who joined the firm from 01/04/2012, sign the auditor report & balance sheet of the company on 01/07/2012.
Or else what is the procedure,
Whether it is a case of casual vacancy?
Whether the company has to appoint the partnership firm again as auditors? if yes how??
or else what has to be done??
16 July 2012
Nothing is to be done...
We never appointed any individual auditor as Statutory Auditors of the Company. We appointed M/s XYZ & Co. and on behalf of XYZ & Co. its partner can sign the balance sheet of the Company.
It is the matter of CA firm and the CA Institute to change the status.
We never appointed any individual auditor as Statutory Auditors of the Company. We appointed M/s XYZ & Co. and on behalf of XYZ & Co. its partner can sign the balance sheet of the Company.
It is the matter of CA firm and the CA Institute to change the status.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Tax on capital gains revoked us 54f
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Filing of Form 10BB instead of Filing Form 10B
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Should I include march foreign salary received in April in my income for FY 2023-24?
- GST Registration Cancellation books of accounts asked by officer
- TDS deduction 194J instead of EPF
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
