internal audit
This query is : Resolved
08 May 2017
can a CFO as per law can be appointed as internal auditor of company
09 May 2017
yes, there is no any bar in doing so.
09 May 2017
isn't it the violation of section 203 of companies act.could u provide for detailed explanation
10 May 2017
Key Managerial Person......do you have any query on this? Please elaborate
10 May 2017
yes as per the question given In the exam A CFO has been appointed as the Internal auditor...My query is whether he can be appointed and if yes any violation of act is made?
10 May 2017
I answered it already. To my answer you queried about section violation which I could not understand. Hence I requested to elaborate with special reference to section 203.
10 May 2017
can KMP hold any other office inthe company while in the position of the KMP?
10 May 2017
Key Managerial Person....... can hold. No problem.
10 May 2017
You are most welcome.
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