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Tuesday, September 21, 2010

Communication under Clause 8, Part I of First Schedule of CA Act

Illustrative Communication Letter under Clause 8, Part I of First Schedule

To,

Mr. A

M/s XYZ & Associates,

Delhi.

Sub.: Statutory Audit of M/s Good Luck Company Private Limited.

Sir/ Madam,

We have been offered the appointment as statutory auditors of M/s Good Luck Company Private Limited by its management. In accordance with Clause 8 of Part I of the Schedule First to the Chartered Accountants Act, 1949, we would like to know from you, the reason(s), if any, for not accepting the aforesaid appointment.

An early reply at your end would be highly appreciated. Please acknowledge the receipt.

Thanking you,

Yours faithfully,


(PQR)

Prop./ Partner.

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