who can be the auditor of c.a. firm if the gross receipts of the firm is more that 10 lakhs ??
who can be the auditor of a c.a. firm??
shweta jain (Assisstant Audit Manager) (124 Points)
06 April 2009shweta jain (Assisstant Audit Manager) (124 Points)
06 April 2009who can be the auditor of c.a. firm if the gross receipts of the firm is more that 10 lakhs ??
Vrnanda
(auditor)
(110 Points)
Replied 26 April 2009
As you all guys said, any practicing CA or CA firm can be appointed as an auditor for another CA firm.
Kaustuv
(Practicing CA)
(1778 Points)
Replied 30 April 2009
there is no requirement in the Partnership Act to get the accounts of a partnership firm audited by a CA. If you are talking about tax audit of a CA firm, the threshold limit would be 40 lakhs for a CA firm and has to be done by an "accountant"