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appointment of joint auditor

30 March 2018

if company has already appointed statutory auditor for fy 17-18 , than can company appoint one more auditor for the same financial year as joint auditor?
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6 Replies

arjun agarwal (ipcc 1st group passed) (85 Points)
Replied 30 March 2018

As per SA299 if company requires joint auditors then they can appoint joint auditors for same FY

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Divakar (Student CA Final ) (11857 Points)
Replied 30 March 2018

But statutory auditor is appointed in AGM.... in AGM u can appoint joint auditor

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Monika Gurung (68 Points)
Replied 30 March 2018

What is SA299. what not in egm.

Monika Gurung (68 Points)
Replied 30 March 2018

at the same time both should be appointed . Becoz we have already appointed one in agm n be company one to appoint more so is it possible.n how adt 1 is filed

Monika Gurung (68 Points)
Replied 31 March 2018

sir what is the procedure to appoint the joint auditor

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Reena (CS) (32 Points)
Replied 05 May 2018

Please guide how to proceed for appointment of Joint Stautory Auditor to fill casual vanancy arising due to resignation of the previous Auditor. Actually we are appointing the Joint Statutory Auditor in EGM one among them is CA Firm and the other is the LLP.

I am herewith giving you the details of the issue being faced while filling form:

I am Filling Form ADT-1 in the manner stated below:

1. In Filed 4 i.e. "Whether Joint Auditors have been Appointed"

Selected: YES

2. In Field 7(a) i.e. "Whether Auditor is appointed due to casual vacancy in the office of Auditor:

Trying to select: "YES" but the error while selecting YES is "YES cannot be selected in both Field - 7 and Filed - 4"

Kindly suggest how to proceed further.