Sajid Rahman (C.A. Final) (71 Points)
16 February 2009Is it compulsary for the statutory auditors of a public quoted Co. to attend the audit committee meetings under any Act, regulations or guidelines ? Pls. give the references also.
If compulsary, what are the implications to the auditor if not attended?
Priyanka
(CS)
(141 Points)
Replied 16 February 2009
As far as a Listed Company is concerned, acc to companies act, it is stated that the Internal as well as the statutory auditors shall attend the ACM under Sec 292A of the Companies Act,1956.
Priyanka
Sajid Rahman
(C.A. Final)
(71 Points)
Replied 17 February 2009
Sec 292A says:
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
