The maximum number of company audits an individual chartered accountant can hold (excluding OPC and small companies) is:
A20 (Section 141(3)(g))
B30
C15
D50
Answer & Solution
Correct answer: A. 20 (Section 141(3)(g))
1. Section 141(3)(g) caps audits at 20 companies per CA partner.
2. OPCs, small companies, and dormant companies are excluded from the cap.
3. This ensures audit quality through reasonable workload.
_Source: ICAI BoS CA Final Paper 3, Ch 5 "Company Audit"_
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