AS-1- disclosure

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Tima (Querist)
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20 December 2008 hi

if the fundamental assumptions are not followed then is it sufficient that a disclosure is made in As-1 or should the auditor qualify his report even after the disclosure is made?

thanks
tima

CA. Amit Daga

CA. Amit Daga (Expert)
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28 November 2009 hahahahahhaha.. if you kill to any one and say to judge i killed that person.. judge will not leave you na.

Same like that if you will not follow the fundamental assumptions and you will disclose .. it does not mean your book will be qualified.