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Sai Sankar asked 2 weeks ago

 
Sir, is this really happened in the Govt Audits or still happening? Pls give example of such Govt audits where auditor paid deposit as a percentage of Professional fee.
If such conditions are imposed, shall we accept the audit? What is ICAI stand on this?
Source Material: Know your ethics( 64901cajournal-june2021-8.pdf )
 
 

1 Answers
RaviRavi Staff answered 2 weeks ago

its a old clarification under clause 10
we can definitely share % of fees with government 
it is like tax it is not voluntary it is by law

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