After an illustrious career in Indian Audit & Accounts Service for about 25 years, Parth, a postgraduate in law, has taken voluntary retirement from government service. Being in fine spirits, he wants to take respons

As per section 138 of the Companies Act, 2013 the internal auditor shall either be a chartered accountant or a cost accountant (whether engaged in the practice or not), or such other professional as may be decided by the Board to conduct an internal audit of the functions and activities of the company. The Board can appoint any professional as may be decided by it. The applicant in question is a law postgraduate and he has spent 25 years of his career in Indian Audit & Accounts Service. Therefore, he has got the necessary experience and skills required for the said vacancy. The Board would be in a position to appoint such a competent and experienced person in the field of auditing as its Chief Internal auditor.