Enquiry: 

In the audit report, name of the engagement partner is given while signing it in the firm’s name.

If a letter, suggestion or any paper other than audit report is signed in the firm’s name, is it necessary that the name of the partner signing in firm’s name to be given?

Opinion:  

Where the auditor’s report is signed by the partnership firm, the name of the engagement partner is to be mentioned, in accordance with the requirements of the Companies Act, 2017. Further, Institute’s ATR 19 ‘Identification of the Engagement Partner in the Auditors’ Report on the Financial Statements/ Interim Financial Information’ also specifies that the name of the engagement partner shall be mentioned in the audit and review reports.

We understand that it is not necessary to mention in a letter, advice or any other paper the name of the partner signing the document in the firms’ name.

(September 08, 2017)