Change in constitution of Auditors Firm and Signing of Auditors Report & Financial Statements, Corporate Laws / SEBI / LLP

[Amar Kumar]

Fellow members

A proprietorship CA firm was appointed as Statutory Auditors as the first Auditors of the company for FY 2016-17. As on 1st April, 2017, the proprietor firm has been merged into a partnership firm and as on date of signing of Auditors Report & Financial Statements, the proprietor firm is not in existence.

My query on whom behalf Auditors Report & Financial Statements will be signed by the Auditor: in the name of proprietor firm or partnership firm.

Posts / Replies

[MARIAPPAN GOVINDARAJAN]

The merger of the proprietorship to partnership firm may be intimated to the company and the company in turn approve the same and the accounts may be got signed by the firm. This is my view.