Hello,
Is it permissible for the statutory auditor of a Company to provide services of holding educational seminar to the Company?
As per Sec. 144 of the Companies Act, 2013 the following service are not allowed by Auditor,
a) accounting and book keeping services;
(b) internal audit;
(c) design and implementation of any financial information system;
(d) actuarial services;
(e) investment advisory services;
(f) investment banking services;
(g) rendering of outsourced financial services;
Holding educational seminar has not been specifically prohibited under the Act and can hence can be given.
CAclubindia
