Please Help: Internal Auditor
Posted Date : 22-Mar-2012 , 01:00:52 pm | Posted By: CA Aagman
Category :
Audit | Answers :
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Dear Members,
If any firm has appointed as internal auditor of parent company,then the same firm shall be able to appoint as statutory audit of any its subsidiary company..??
Please give me answer with reference with code of ethics....
Thankig you
Aagman
9029359886 |
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Answers:
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Answer by: CA Satuti Mahajan |
Yes, eligible for both.
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Answer by: Rishabh Upadhyay |
Yes. . A ca firm can be an internal auditor in one company and statutory auditor in any of its parent or subsidiary company. No case law at hand and have seen it in practical situation
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Answer by: CA. SURESH Kr. AGARWAL |
Yes the firm is eligible for both audit.
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