alleryStart learning →Can the statutory auditor appointed under section 139 also do the cost audit?
AYes, with Board approval
BYes, for small firms
CYes, if he is a CA
DNo, he is barred from it
Answer & Solution
Correct answer: D. No, he is barred from it
The proviso bars anyone appointed as the section 139 auditor from being appointed for the audit of cost records.
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