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Audit of Expenses

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(Querist)
22 January 2009 Hi

I m doing audit in a Public Ltd Co.(Listed)

What is mean by Retainership Expenses
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Deepak Agrawal

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Deepak Agrawal (Expert)
22 January 2009 Retainership expenses is given for consultancy. Its given for professional. For exact services, ask management why the retainerfees is paid. Also if its for Assets, it should be capitalized.....
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
22 January 2009 Consultancy or professional fees
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