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a can do how many company audits

Answers were Sorted based on User's Feedback



a can do how many company audits ..

Answer / 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

a can do how many company audits ..

Answer / vijaya kumar

upto 20 companies wherein not more than 10 companies having
more than paid up capital of 25 lakhs.

Is This Answer Correct ?    1 Yes 0 No

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