Question ID : 36925

Rotation of Auditor for Pvt Ltd-non small company

X an individual appointed as auditor of Pvt Ltd (non small) company for 5 consecutive year and completed 5 year term. X also partner in a partnership firm M/s XY. Can M/s XY be appointed as auditor of the same Pvt Ltd company for next 5 years. In the light of provision rotation for firm of CA is for 10 years. Please answer.

posted by Ajay Bhalchandra Salagare on Jan 4 2019 12:00AM