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Asked by alpa on :Feb. 07, 2018

Hi everyone...Can a person who does not hold a ce…

Hi everyone...Can a person who does not hold a certificate of practice appointed as an auditor ?

Hi everyone...

Can a person who does not hold a certificate of practice appointed as an auditor ?

0

Kanishka Feb. 09, 2018

The Chartered Accountants Act, 1949 states that a person shall be qualified as an auditor of a company only if one is a chartered accountant. Further, only a Chartered Accountants holding the certificate of practice can engage in public practice. Therefore, a person who does not have COP can not be appointed as an auditor.

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