20 July 2008
hi, I hv read in audit book about a firm having all partners as CAs(1949)& practising in India, in this case auditing may be done by partners under the firm name So, my ? is that " is partner of that firm can do auditing individually without under the firm's name?
"Audit can be done by a Chartered Accountant practising in India OR by a firm whose all partners are chartered accountants"
and hence, the partners can do the audit in the firm name and also in their OWN INDIVIDUAL CAPACITY BEING A CHARTERED ACCOUNTATNT, But they must have a valid Certificate of Practice.
CAclubindia
