Hello sir, today I've started prof. ethics & one doubt is that can deemed CA can do statutory audit.

1 answer

Ravi Staff March 13, 2019

CA should have COP to do audit.
One of the reason that Concept of deemed CA is introduced so that all sections and clauses of professional ethics which are generally applicable to CA with COP should apply to deemed CA and proper action and punishment is taken against him. So it is to increase applicability of law to such CAs.

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