We are consultancy firm.
Can we undertake Internal Audit of a private company ?
2 Replies
TARAK NATH
(Dy.Manager (Finance))
(196 Points)
Replied 17 June 2015
For doing internal audit the firm is either to be Cost Accountants firm or Chartered Accountants firm.
CA Onkar
(Propritor)
(38 Points)
Replied 01 July 2015
Not necessary.. Anybody with knowledge can do internal audit... it's not compulsory to be a CA or Firm of CA....internal audit is mainly govern by the knowledge and experience and audit is undertaken by management.
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