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ICAI Exams Might be Open Book, Exam Pattern Can Change : Education News

ICAI Exams Might be Open Book, Exam Pattern Can Change : Education News
rashtranews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rashtranews.com Daily Mail and Mail on Sunday newspapers.

India , Nihar-jambusariya , Institute-of-chartered-accountants-india , Chartered-accountants , Chartered-accountancy , Rashtra-news ,

Mumbai: Taxmann's 'Maharashtra RERA Law & Practice' book launched

Mumbai: Taxmann's 'Maharashtra RERA Law & Practice' book launched
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

Mumbai , Maharashtra , India , Manish-gadia , Nihar-jambusariya , Ramesh-prabhu , Vinod-ghosalkar , Kuashik-sampat , Institute-of-chartered-accountants-india , India-regional-council , Western-india-regional-council , Chartered-accountants

Individual CAs/firms cannot retain two consecutive audit rotation cycles

Individual CAs/firms cannot retain two consecutive audit rotation cycles
April 18, 2021
Can’t use trade name to bypass company law norms: CA body
A proprietary CA firm or an individual chartered accountant will no longer find it easy to retain the audit mandate in a company beyond the stipulated five consecutive years as allowed under the company law.
They cannot use their trade name to bypass the norm and bag the audit mandate for the second consecutive term (of five years) in a company, the CA Institute has clarified.
The CA Institute has made it clear that a proprietary firm (having a firm registration number) or an individual CA (practising either in his own or trade name) can be appointed auditor of a company only for one term (of five consecutive years). An individual, as a proprietor, cannot use his name, say ABC, as well as his trade name (ABC&Co), to retain the audit mandate for two consecutive audit rotation cycles of five years each.

India , Nihar-jambusariya , Institute-of-chartered-accountants-india , Chartered-accountants , Cas , Firms , Audit , Rotation , Cycle , Icai , Norms , இந்தியா