Online Empanelment of Chartered Accountant firms for the year 2014-2015

How to apply online by CA firms/ LLPs for empanelment for appointment as auditors of Govt. Companies/ Corporations for the year 2014-2015 with the office of CAG.

Appointment of Govt. companies Auditors
The firms of Chartered Accountants in India and Chartered Accountants Limited Liability Partnerships (LLPs) with at least one Full Time FCA as on 1st January 2014 can apply for empanelment with the Office of the Comptroller and Auditor General (CAG) of India on from 1st January 2014 to 15th February 2014 for appointment as auditors of Government Companies/Corporations for the year 2014-2015.

Accordingly, the CA (Chartered Accountants) firms/ LLPs can apply/update the data showing the status of their firm as on 1st January 2014 and generate online acknowledgement letter for the year 2014-15.

CA Firms that are seeking empanelment for the first time should register and provide the required information as on 1st January 2014. However, CA Firms/LLPs that are already empanelled with the CAG’s office need only to modify the information that is already available in the application format for changes if any, reflecting  the status of such firms as on 1st January 2014, as also to indicate whether they continue to be interested in empanelment.

Note that the online data submitted by Chartered Accountant firms/CA LLPs should match with the updated data of the firm available with the Institute of Chartered Accountants of India (ICAI) showing the position as on 1st January 2014.

The term Full Time FCA (partner/sole proprietor /CA employee) does not include:

i) A partner/sole proprietor in other firm;
ii) Employed part time/full time elsewhere, practicing in his own name or engaged in practice otherwise or engaged in any other business/activity which would be deemed to be in practice under section 2 (2) of the Chartered Accountants Act, 1949;
iii)  Partner whose compensation from the firm is less than the prescribed limit as given in the policy of Empanelment and /or not commensurate with the total compensation (share of profit, remuneration and interest on capital etc) paid to the partners during the financial year 2012-2013.

After submission of online application form, the CA firms are required to furnish the following documents (to be notified officially on , which should reach this office by 31st March 2014.

(i) Online acknowledgement letter for the year 2014 generated at the time of filing online application.
(ii) Statement I: Undertaking signed by the sole proprietors/partners of the firm as per format.
(iii) Statement II: Signature of CA employees of the firm.
(iv) Copy of the Income Tax return of the firm along with computation for the assessment year 2013-2014 including distribution of income to partners.
(v) Income tax return of those CA employees who have joined as partners in the firm during 2012-2013.
(vi) Copy of the annual accounts of the firm for the financial year 2012-2013 along with schedule indicating the distribution of income among the partners.
(vii) Copy of the Service tax return filed by the firm for the year 2012-2013. In case numbers of returns are more than two, summary sheet may also be attached.
(viii) In case of CISA qualified members, copy of the final CISA certificate granted by the “Information Systems Audit and Control Association” after successfully meeting all requirements.
(ix) Duly filled up check list of the documents as per format. (to be placed on the top).
(x) Self addressed acknowledgement form/post card for receipt of documents as per format.

The above documents should be addressed to:

Director General (Commercial)-I,
Office of the Comptroller & Auditor General of India,
10, Bahadur Shah Zafar Marg,
New Delhi-110124.