Appointment as a Special Auditor by CG

Final 770 views 1 replies

Hey Friends in May 2011 exam in Auditing there was a question ( Que no. 2(B)) -

Mr.Kishore, a practicing Chartered Accountant was appointed by the Central Government to

carry out a special audit u/s 233A of the Companies Act, 1956. He accepted the appointment

and proceeded with the work without communicating to the Statutory Auditor of the Company.

 What is the ans of this question whether he was a guilty or not????

Replies (1)
Since Section 233A no where exclude about the applicability of Other Acts on it's provision So by applying the Rule of Harmonious Construction An auditor has to compile by the Prov of Co. Act as well as C.A act /Professional Ethics.. So he has to communicate to the Prev. auditor under clause 8th part-1 of Sch 1


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