can a Internal Auditor be a Cost Auditor?
This query is : Resolved
24 February 2009
sir,
pls may i know that Can a Internal Auditor act as a Cost Auditor in the same financial year in a company?
pls may i know that Can a Internal Auditor act as a Cost Auditor in the same financial year in a company?
24 February 2009
Generally Internal Audit is given to a practicing chartered account and cost auditor should be a person who is practicing under CWA. A person cannot be a practicing person under both CA and CWA institute.
12 October 2009
The Department of Corporate affairs is of the view that the cost auditor should not also be the internal auditor of a company for the period for which he is conducting the cost audit.
Ref :- Circular 1/83 dated 20/01/1983.
Ref :- Circular 1/83 dated 20/01/1983.
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
- SEC 54 OF IT ACT
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Form 26QB for TDS on property
- Is Aadhar PAN linking required for opening bank account?
- GST Annual Returns filing due date
- Partnership Business Can start India (two partners one is Indian and OCI both are wife and Husband)
- TDS NUMBER SURRENDER
- Whether still royalty
- Payable outstanding for years disallowance
- 2B certain data not come 3B & IMS
- Strategic Performance Management and Business Valuation
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- 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?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
