Q. Can a Statutory auditor accept Compliance engagement and certify provisional FS of a client?

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Question added Nov 9, 2023 Audit and Accounting Standards By Pragya Malhotra, CA Student, Delhi
Can you give a reference of standard/guidelines issued by the institute on the same.

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answered Nov 11, 2023 By CA PRAMOD JAIN, CA, CS, CMA, LL.B, Delhi
FAQs issued for UDIN issued by ICAI, states that statutory auditor cannot issue certificate for compilation of financial statements.

Section 144 of companies Act restrict management services for a statutory auditor.

Concept by CA Pramod Jain

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