State the limit for issuing of secretarial audit reports by the Secretarial Auditor for the financial year 2018-19.
CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · June 2019
State the limit for issuing of secretarial audit reports by the Secretarial Auditor for the financial year 2018-19.
Answer & Explanation:
As decide by the Council of the ICSI, the limits for the issue of Secretarial Audit Reports for the financial year 2016-17 onwards are as under: 10 Secretarial Audits per partner/PCS, and An additional limit of 5 secretarial audits per partner/PCS in case the unit is peer reviewed. In the instant case, these limits will be applicable for financial year 2018-19.
Topics: Secretarial Audit
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