Question ID :
40732
internal audit of the Company
We have retired from A Company in the Financial Year 2019-20, Now in full time practice.
Can our firm be an Internal Auditor of that Company for the Financial Year 2020-21.
Posted by
BHOLI JHA
on
Jul 23, 2020
Filed Under
AUDIT
Yes. There is no restriction as such in the Companies Act,2013 or in the code of ethics of ICAI. Further, since you are not doing audit of the affairs conducted / executed by you during the financial FY 2019-20. So go ahead. All the best.
Posted by
CA. JHA SHANKAR KUMAR on
May 30, 2021