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Raman preet asked 1 year ago

Can ca deemed to be in practice sign audit report nd eligible to be appointed as co. Auditor??

1 Answers
RaviRavi Staff answered 1 year ago

CA needs COP to do practice.
He will need COP to sign financial statements.
Deeming concept is made to make clauses applicable, to those CAs who, were not having COP but still doing practice related work. So deeming concept is to impose obligation and not to give rights.

Meet Gaurang ParikhMeet Gaurang Parikh replied 1 year ago

Great question and Beautiful answer! Concise and to the point!

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