Mr.X, a partner in a firm of CA's, died on 31-3-2010 after completing routine audit work of XYZ Ltd.. Mr.Y, another partner of the firm signed the Financial Statements of XYZ Ltd. without reviewing the finalization work done by assistants. Comment.

Questions › Category: Co. Audit - I › Mr.X, a partner in a firm of CA's, died on 31-3-2010 after completing routine audit work of XYZ Ltd.. Mr.Y, another partner of the firm signed the Financial Statements of XYZ Ltd. without reviewing the finalization work done by assistants. Comment.

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Saurabh Jain asked 6 years ago

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Ravi Staff answered 6 years ago

please see below 2 links, you asked same doubt even on 22nd April

State with reasons your views on the following: Mr. X, a partner of X & Co., Chartered Accountants died of a heart attack on 30.03.16 after completing the entire routine audit work of T Ltd., Mr. Y one of the partners of the firm, therefore signed the accounts of T Ltd. without reviewing the finalization work done by the assistants.

If a partner of a firm died aftr doing all his audit wrk but before signing Then another partner of its firm sign a/cs without reviewing the wrk done by deceased partnr