Audit of accounts - son of a director

[PRADEEP KUMAR]

Whether a son of director can audit account of company in which son's father is director???

AI Summary

Can a Director's Son Audit Company Accounts? Permissibility Depends on Audit Type and Independence. A query was raised about whether the son of a director can audit the accounts of a company where his father is a director. One response simply stated that it is not permissible. Another response questioned the type of audit and the director's role, suggesting that some audits, like internal audits, might be acceptable if independence is not crucial. It emphasized the need for complete queries to avoid wasting resources and highlighted the forum's purpose for knowledge sharing and discussion.