Non-Communication of Acceptance as Statutory Auditor to Prior Auditor: ICAI Penalties CA for Misconduct

The ICAI viewed that Non-Communication of acceptance as statutory auditor to prior auditor amounts to Professional misconduct
ICAI - ICAI penalty - Chartered Accountants misconduct - Statutory Auditor - Prior Auditor - taxscan

The Institute of Chartered Accountants of India ( ICAI ) imposed a penalty on Chartered Accountants ( CA ) for misconduct by non-communication of acceptance as statutory auditor to prior auditor. The Complainant vide a resolution passed in the AGM of the Company was appointed the statutory auditor of the Company for the financial year…

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