SJ has started working in a practicing company secretary firm as a trainee. Explain to him about Current Audit File and its contents.

Current Audit File This file contains information relating to the audit of the current period. Information included in the current file should be information for the period under audit. The indicative list of documents in the current file can be as follows: Appointment letter for the Current Year, along with the defined scope of Audit; Extracts of important board/management meetings; List of responsible persons with their designation and contact details; Secretarial Audit Report/Financial Audit Report for current year as well as previous year; Actions initiated by company towards Secretarial Auditor's observations and suggestions in previous years reports; Audit Plan/Audit Program; Current year's Secretarial Records; Communications with the company/management team; Letters of representations, confirmations received from company; Audit review points and highlights of analysis