Genuine audit

last year I had bought to notice of auditor waving of penalty intrest of rs one lack by officer bearer without informing MC or AGm.No remarks of same on audit note .Now I have bought to their notice that DY Reg co-op housing soc has inspected the records of society and found that registers etc are not kept .o rectification form not submitted ,no annual report given to dy reg.DY reg also informed that MC is not elected as per laws.as amended under 97.Being caretaker they have spent lacks in contract .
  What action I can take against auditor if he compromisesand
Where I can lodge complaint
Asked 2 years ago in Audit from Greater Mumbai, Maharashtra
If you are a member of the society affected by the mis-statements in the financial statements due to professional negligence of the auditor concerned, you can lodge a complaint with the Institute of Chartered Accountants of India for disciplinary action against the auditor concerned.
B Vijaya Kumar
CA, Hyderabad
633 Answers
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