Answer Posted / chalapathi rao govada
As per sectin 224B of the companies Act, A Chartered
Accountant can act as staturoy auditor of 20 companies out
of which 10 companies having the paid up capital of 25 lacs
or more.
Recently ICAI issued a circular on Cealing on company
audits by a CA... Which is as follows.
The Maximum no of Companies increased to 30 which includes
audit of private companies, out of which 10 companies
having a paid up capital of 25 lacs or more.
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
central exices
Why there is no opening balance for Profit and Loss Account?Refer me Detailed explanation. Thank you.
purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.
Discuss the factors to be considered by the auditor in order to determine an audit strategy.
How does the internal audit differ from an external audit?
I WANT TO DO MY ARTICLE-SHIP FROM DELLOITS KOLKATA..PLEASE HELP??
How to involve people in audit?
what is the reason for controls in an IS environment?
Would you consider alternative vacancies if so which:
What should the internal auditor?
What is vouching?
What do you know about KPMG?
How does an internal audit differ from an external audit?
What is an audit process?
What is the mean of internal audit?
