Question ID :
40953
Acceptance of Revenue audit
We are doing statutory audit of OBC (now PNB) for Last two years . Recently We have received assignment of Revenue Audits of PNB . Can we go for it ?
Posted by
Mahesh Kumar
on
Jan 30, 2021
Filed Under
AUDIT
No. Statutory auditor cannot accept revenue audit of any branch of same bank.
Posted by
CA. chunauti dholakia on
Jan 30, 2021
Answer ID :
80897
You cannot accept the assignment of Revenue Audit of PNB , if you wish to continue in the Statutory Auditor's panel of PNB.
Posted by
Y.KANAKAMAHALAKSHMI on
Feb 02, 2021
Answer ID :
80987
no. you cant take revenue audit along with statutory audit
Posted by
CA. VENKITARAMAN K V on
Mar 15, 2021