Non-Communication with complainant before Acceptance of Appointment as Statutory Auditor amounts to Misconduct: ICAI imposes Penalty on CA

The Board found CA guilty of Professional Misconduct falling within the meaning of Item (8) of Part I of the First Schedule to the Chartered Accountants Act, 1949
By Yogitha S. Yogesh - On February 17, 2024 11:57 am - 2 mins read
ICAI - Chartered Accountants misconduct - penalty - Statutory auditor - appointment - misconduct - taxscan

The Institute of Chartered Accountants of India ( ICAI ) imposes a penalty on Chartered Accountants ( CA ) as the act of non-communication with the complainant before acceptance of appointment as statutory auditor amounts to misconduct. The Board found CA guilty of Professional Misconduct falling within the meaning of Item (8) of Part I…

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