Compliance

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Vatsal

Vatsal (Querist)
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08 May 2016 Whether an auditor has to check with compliance part of CO or it is a CS responsibility?

Vatsal

Vatsal (Querist)
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08 May 2016 ie eg Loan from directors sec185 is to be complied with??

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Vatsal

Vatsal (Querist)
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08 May 2016 &Even whether declaration from directors is to be taken ie he is not disqualified?

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CA ALOK KUMAR

CA ALOK KUMAR (Expert)
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08 May 2016 Yes, auditor is supposed to check compliance provisions required under companies Act 2013. He may take certificate from the management, wherever, due to certain reason, it would not be possible to check. For further query, you may write us at info@wealth4india.com or call us @9266242424

Vatsal

Vatsal (Querist)
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08 May 2016 ie management representation but that I think is not sufficient evidence ie Auditor can't only rely on it..!!

CA ALOK KUMAR

CA ALOK KUMAR (Expert)
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08 May 2016 Auditor had to decide it's materiality