To get selected for audit of public sector undertakings (PSUs) or statutory corporations, CA firm with basic eligibility has to first empanel with comptroller and auditor general (CAG) of India. CA firms or LLPs in India can apply for empanelment with the office of CAG for allotment of PSU audits if they have at least one full time FCA as a partner. If the CA firm is a … [Read more...] about How CA firms are selected as statutory auditor of PSUs or Statutory Corporations
CAG empanelment
Empanelment of CA firms with CAG for the year 2016-2017
A chartered accountant firm and chartered accountant limited liability partnerships (LLPs) in India can apply for empanelment with the office of Comptroller and Auditor General or CAG of India for allotment of audit of Public Sector Undertakings or Statutory Corporations for the year 2016-17. Even state government departments will be asking for CAG empanelment letter while … [Read more...] about Empanelment of CA firms with CAG for the year 2016-2017