Company audit...
This query is : Open
12 July 2016
Friends, please help me in this...
Is rotation of auditors applicable to government company?
Thanks and Regards
14 July 2016
For Government companies CAG appoints auditor for a financial year with period of 180 days from the commencement of financial year. The auditor shall hold office till conclusion of AGM
15 July 2016
Thanq sir... But In the applicabilty definition it is mentioned that Rotation of auditors is applicable to All listed companies. Further it mentioned that rotation is applicable to unlisted public, private companies, and all companies with some conditions.... we don't have clarity regarding this... whether all companies includes government companies?
15 July 2016
But the appointment for auditor for Government Company is provided in the proviso clause which means appointment of auditor for Government company does not fall in the definition of all companies.
15 July 2016
but under to that there is a seperate clause that it does not apply to one person company and small companies... Because of this also, some confusion araising
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
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Credit profit and loss account in case of bonus share received
- How to determine cost of acquisition of shares on De-merger or Merger
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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
Trending Online Classes
CAclubindia
