Only 290 CAs in panel for auditing 40000 Cooperative Societies in MP

At a meeting at chairman office on 26th August 2013 regarding panel of co operative society the following point have been raised by CA Surendra Jain:

1.   Total no of society in MP approx 40000 as per co operative department.

2.   Total no of CA firm in penal of co operative department is 290.

3.  No of audit is restricted up to maximum is 20.

It has been also pointed out in the meeting that upto to FY 2011-2012 a CA  of Madhya pradesh is doing maximum  no of co operative audit but as per new panel decided by department now a CA can perform only 290*20= 5800 audits of the MP co operative society whereas balance audit can be done by department staff.

 

IF THIS MATTER NOT RESOLVED THAN.........

CA MEMBER     =      Co Operative department staff of BCOM graduate