Audit of Expenses

This query is : Resolved 

22 January 2009 Hi

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

What is mean by Retainership Expenses

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.....

22 January 2009 Consultancy or professional fees




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