https://www.taxtmi.com/caselaws?id=446635 The authority's jurisdiction extended to professional misconduct in audit work performed before its formation because the statutory scheme covered misconduct within its domain and did not create a new offence, but only changed the forum and process for enforcement; the jurisdictional objection therefore failed. The engagement quality control reviewer was found guilty of professional misconduct because the required objective review of significant audit judgments, discussion with the engagement partner, review of financial statements and key documentation, and proper recording of the review were not demonstrated. A generic yes-or-no checklist was held insufficient, and the charges were proved. en-us Tue, 05 Dec 2023 00:00:00 +0530 Thu, 07 Dec 2023 14:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446635 The authority's jurisdiction extended to professional misconduct in audit work performed before its formation because the statutory scheme covered misconduct within its domain and did not create a new offence, but only changed the forum and process for enforcement; the jurisdictional objection therefore failed. The engagement quality control reviewer was found guilty of professional misconduct because the required objective review of significant audit judgments, discussion with the engagement partner, review of financial statements and key documentation, and proper recording of the review were not demonstrated. A generic yes-or-no checklist was held insufficient, and the charges were proved. Case-Laws Companies Law Tue, 05 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446635