Professional ethics

This query is : Resolved 

25 June 2008 Can the auditor sign the audit report of the company, the director of which is in full time employement in the firm in which the auditor is a partner?

25 June 2008 No he can't sign....Infact the auditor is disqualified to takeup audit of that company...It violates one of the basic principles govering audit "INDEPENDENCE"

25 June 2008 Audit report cant be signed...

Read the disqualification of an Auditor...Company LAw




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