12 September 2014
Sir/Madam, As per sec 141,any Auditor can conduct audit of maximum 20 companies w.e.f.01/04/2014. so, If any firm has No. of firms is more than the limit specified in said section as on 31.03.2014, can he carry out the same or he shall be disqualified.
12 September 2014
Thank you Mam. Mam, can you please give me reference of any circular/notification regarding this, so that i can give reference in our Audit Report.