Appointment of auditors

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151 Points Posted on 26 June 2014

Dear sir,

Please Explain how many years an audit firm can audit a private limited company?

example:x &co is an audit firm and Ypvt ltd is a compnay then how many years x&co carry statuary audit of Y pvt ltd?

NOTE: Y pvt ltd having a ner turnover of rs.18 Crores.share capital rs.3 Crores

thanks in advance

 

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On 26 June 2014 at 11:33 Report
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Keen to learn something new every moment
2588 Points Posted on 26 June 2014

No criteria for how many year ...but from one appointmnet he can do for 3 year max..after fresh reappointment is reuqired.

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On 26 June 2014 at 11:52

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