Every firms has audit firms to audit their accounts but who
will audit an auditing firm?

Answer Posted / yash mahendru

Any Chartered Accountant, not employed in that firm and not
a partner of that firm can audit an auditing firm.The audit
is an independent examination of the books of
accounts,therefore a chartered accountant not having any
interest in the Firm can do the audit of that firm.

Is This Answer Correct ?    9 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the difference between internal audit and statutory audit?

665


promotions of a new apointed auditor in cgda.

1952


What Is Social Audit?

757


Do you know the different types of audits?

623


What is statutory audit?

676






What is the mean of internal audit?

678


Explain the importance of evaluating an internal audit department?

643


1.tell me five points of check list of an audit. 2.what do you checking in statutory audit.five main points. 3.what do you checking in internal audit five main points. 4.which five major points checking according to caro.

2810


whta is the current SBAR? Please provide the past rates from 1st january 2011 to till date.

1920


How do you feel u contributed to its effectiveness?

1729


vat on liquor vat on food ? vat on bevrages ? vat on tobaco? vat on gold?

1766


How to reconcile GST Tally and GST Portal ?

1826


Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com

1909


i need to pay around $90000 to Mr.R and the agreement clause says that any amount payable as tax are not included in the amount.So how much i need to deduct TDS...??

3268


Explain the basic principles of an internal audit controlsystem?

669