Template Covering Letter for Internal Auditor Appointment with Remunerations Fees payment agreement as per companies act & resolution
RSL/SECT/13-14/
Date : 10th May, 2013
M/s Akhil Jain & Associates
Chartered Accountants
14/1 L K Road, Khapoli
Mumbai – 458 445
Dear Sirs,
With reference to the various discussions we had with your good selves, we hereby re-appoint you as our Internal Auditor for the Financial Year 2013-14 vide the resolution passed in the Board Meeting held on 7th May, 2013.
We are enclosing herewith the scope of Internal Audit in Annexure – I and summary of Audit Fees in Annexure - II.
Kindly acknowledge receipt.
Thanking you,
Yours faithfully,
for ROCKET SALES LTD.
NEELAM RAO
PRESIDENT
Annexure-II
Summary of Audit Fees for the F.Y. 2013-14
Sl.No. | Particulars | Amount (Rs) | Frequency per year |
1 | Factory Audit | 5,00,000.00 | Once |
2 | H.O.Audit | 2,00,000.00 | Once |
3 | Follow Up Audit-H.O./Factory | 1,00,000.00 | Twice |
4 | Stock Audit-Factory | 2,00,000.00 | Once |
5 | Depot Audit: | ||
For 10 Days | 3,50,000.00 | As and when required | |
Per Extra Days | 25,000.00 |
Note 1: Taxes as applicable will be charged extra.
Note 2: Travelling, Boarding and lodging expenses will be reimbursed on actual basis.