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    Auditor Appointment

    Posted By : damini / Published on : 13-Mar-2020 06:44 AM / View : 286 / Comment : 0

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    Dear Members,

    ABC Chartered Accountants are auditor of X Private Limited, Auditor s not done Tax Audit as well as Statutory Audit of 2017-18, 2018-19.

    They gave resignation on 03/03/2020 with a statement that he did not done audit for above said period.

    Now Company wants to appoint us to audit of 2017-18, 2018-19 and so on.

    1. What is the procedure for appointment of auditor?

    2. Can we sign audit report for the year 2017-18 & 2018-19, at that time we are not the auditor of the company?

    3. Can we approve Financial Statements for the year 2017-18, 2018-19 on one EGM?

    4. What is penalty for filling annual return?

    Please give your opinion on above matter.
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