Professional ethics
This query is : Resolved
10 March 2012
We know that if fees charged for other services is more than statutory audit fees , he(auditor) would be guilty of prof.misconduct. But certain services are exempted for this puepose.
Friends, can anybody provide me all such exempted services?
Friends, can anybody provide me all such exempted services?
11 March 2012
A CA in practice cannot accept any other work/assignment/service on a remuneration, which exceeds the fees payable for statutory audit of the same undertaking. (Applicable only in respect of statutory audits of public sector undertaking/Govt. Companies/Listed companies/other public companies with turnover of Rs. 50 crores or more in a year for appointments after 1st April, 2002)
Courtesy:- Notification No. 1-CA(7)/60/2002 published in CA Journal-March, 2002 issue.
Courtesy:- Notification No. 1-CA(7)/60/2002 published in CA Journal-March, 2002 issue.
11 March 2012
Thank u sir
31 March 2012
As per professional ethics a CA cannot charge fees on the basis of percentage basis other issues have been clarified by the expert I agree with him
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