APPLICABLITY OF AS

This query is : Resolved 

11 August 2008 Whether Accounting Standard is mandatory for individual businessman And Partnership Firm

12 August 2008 Please be specific in your query.

12 August 2008 During the Tax Audit of Partnership Firm whether it is duty of the auditor to see that the Accounting Standards are followed.


13 August 2008 yes definitely. auditor shud ensure the accounting as per applacable AS in every organisation whether it is partnership, proprietership or company

13 August 2008 whether AS are mandatory for non-corporates if they are not liable to Audit?




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