Chartered Accountant Firms can apply for empanelled with CAG Office from January

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The Institute of Chartered Accountants of India ( ICAI ) has informed that the Chartered Accountant firms/LLPs who desire to be empanelled with the office of the Comptroller and Auditor General of India for the year 2019-2020 for the purpose of appointment of auditors of Companies can apply for the same from 1st January 2019 onwards.

ā€œOnline Applications are invited from Chartered Accountant firms/LLPs who desire to be empanelled with the office of the Comptroller and Auditor General of India for the year 2019-2020 for the purpose of appointment of auditors of Companies as per Sections 139 (5) and 139(7) of the Companies Act 2013 and of Statutory Corporations/Autonomous Bodies as per the provisions of their respective Acts. The online application along with detailed instructions in this regard will be available on our websiteĀ www.cag.gov.inĀ from 01 January 2019 to 15 February 2019,ā€ ICAI said in an announcement.

ā€œThe firms/ LLPs can apply/update the data showing the status of their firm as on 01 January 2019. After filling/updating the data, the Firms/LLPs will be required to generate online acknowledgment letter for the year. If the Firms/LLPs fail to generate an online acknowledgment letter, their application would not be considered for empanelment. The Firms/LLPs will be required to submit a print out of the acknowledgment letter generated online and also hard copies of the documents in support of their online application by 28 February 2019,ā€ it added.

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