Supreme Court to hear cap on audit cases If auditors are able to complete the entire audit work as restricted by the 2008 guidelines, they may also be unemployed for the rest of the year The Supreme Court has transferred to itself a batch of writ petitions pending in the high courts of Calcutta, Kerala and Madras challenging certain guidelines issued by The Institute of Chartered Accountants of India restricting the annual auditing of accounts by chartered accountants to a maximum of 60 in a year and also imposing disciplinary action against them for “professional misconduct” for the violation of certain other guidelines.