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shabaz asked 1 year ago

the provision stating that the partner who was in charge of the audit firm and also certified the audit report lets say (abc & co) , A retires from such firm and join another firm, the other firm (acd & co) will attract the provision of rotation and hence not be appointed as an auditor. but what about (bc & co) firm, whether they will also attract the provisions of rotation or can continue to be the auditor of the company if the term of 5 years has not been completed?

1 Answers
RaviRavi Staff answered 1 year ago

every firm has unique registration number
rotation is applicable to that firm, registration number, it will continue, there is no rule to exempt firm from rotation
even if in charge partner who use to sign has resigned

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