Dear Professionals, A private limited company had appointed CA firm as Statutory Auditors on 2014. Till now the firm is doing audit for the company. The borrowings of the company exceeds Rs 52 crores on October 2024. The term of Auditors firm is upto Sep 2025. The borrowings trigger on October, the rotation of auditors is applicable. Kindly clarify if the firm can continue upto 2025 and can be reappointed for other term of five years or they have to quit from 2025? Kindly assist in this regard.
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A Private Limited Company has taken a Loan from LLP (the Partner of LLP is also a Director in the Company), is there any violation as per Companies Act, and how to report the same in the Auditors Report.
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A Private Limited Company has taken a Loan from LLP (the Partner of LLP is also a Director in the Company), is there any violation as per Companies Act, and how to report the same in the Auditors Report.
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I am getting error "Name Of Auditor Signing Report entered in the instance document is not matching with ICAI records" even after mentioning name as per ICAI records.
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I am getting error "Name Of Auditor Signing Report entered in the instance document is not matching with ICAI records" even after mentioning name as per ICAI records.
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I am getting error "Name Of Auditor Signing Report entered in the instance document is not matching with ICAI records" even after mentioning name as per ICAI records.
My professional friend, who is a tax audit assessee, utilized cash credit for working capital but omitted to include both the cash credit and debtors in the balance sheet. What would be the appropriate solution in this situation, considering the need to revise the tax audit report to reflect the cash credit as a liability and debtors as an asset?
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Please confirm, If It's not mandatory to file ADT-1 in case of appointment of first Auditor, we can directly file ADT-1 within 15 days from the date of AGM ? .
If shareholders cannot appoint the Statutory auditors in General Meeting, then who will will appoint the auditors?
auditors
appointment
Who will be responsible for errors in report if external auditor relies on the work of internal auditor?
responsibility
report
auditorss
When it is required to file form ADT-2 ?
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appointment
Hi Everyone!
In what circumstances, special notice is required for the appointment of person other than the retiring auditor ?
