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Question ID : 35846

STOCK AUDIT

Whether Statutory Auditor of a Private Limited Company can do Stock Audit of the same company allotted by Bank….????

Posted by SIDDARAMESHWARA GOWDA A on Oct 17, 2018

Filed Under AUDIT

Answer ID : 74981

No. Should not be done. The stock audit is an AUP and being State Auditor one shall not perform a restricted non audit role on the same financials.

Posted by Sanjay Joshi on Oct 19, 2018