⭐ Important points (exam-critical)
- ⭐Public solicitation prohibited; only listing in directories permitted.
- ⭐Fee disclosure for assurance clients (>15% of total fees from one client raises threat).
- ⭐Communication with previous auditor: written; presumption of communication if RPAD acknowledgment received.
- ⭐Sec 144 Companies Act: list of non-audit services that statutory auditor cannot render.
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