BMC Associates says Replied on 18th July,2026 09:06 AM
Yes, an external auditor can also act as an Engagement Partner, provided they are the partner responsible for the audit engagement and satisfy the requirements of the Standards on Auditing (SAs), the Chartered Accountants Act, 1949, and the Code of Ethics issued by ICAI.
An Engagement Partner is the partner (or another person permitted by law or regulation) who is responsible for the audit engagement, its performance, and the audit report issued on behalf of the firm. In an audit firm with multiple partners, one partner may act as the Engagement Partner for a particular audit while another partner acts as the Engagement Partner for a different client. However, the Engagement Partner must remain independent of the audit client and comply with all ethical and professional requirements.
For expert guidance on auditing standards, engagement responsibilities, and statutory audits, businesses often rely on experienced chartered accountant firms in gurgaon. A qualified chartered accountant gurgaon, trusted ca firm in gurgaon, or professional ca in gurgaon can help ensure compliance with ICAI Standards on Auditing and ethical requirements.
FAQ (Frequently Asked Questions) Regarding Test Series
Q-1 Do we have to write the tests on the same day of the schedule? Q-2 Chapters mentioned in the test schedule are as per which book?
BMC Associates says Replied on 18th July,2026 09:06 AM
Yes, an external auditor can also act as an Engagement Partner, provided they are the partner responsible for the audit engagement and satisfy the requirements of the Standards on Auditing (SAs), the Chartered Accountants Act, 1949, and the Code of Ethics issued by ICAI. An Engagement Partner is the partner (or another person permitted by law or regulation) who is responsible for the audit engagement, its performance, and the audit report issued on behalf of the firm. In an audit firm with multiple partners, one partner may act as the Engagement Partner for a particular audit while another partner acts as the Engagement Partner for a different client. However, the Engagement Partner must remain independent of the audit client and comply with all ethical and professional requirements. For expert guidance on auditing standards, engagement responsibilities, and statutory audits, businesses often rely on experienced chartered accountant firms in gurgaon. A qualified chartered accountant gurgaon, trusted ca firm in gurgaon, or professional ca in gurgaon can help ensure compliance with ICAI Standards on Auditing and ethical requirements.
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