CA Day celebration 2024 Easy Office
LCI Learning

Branch Accounting

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
26 May 2011 Sir

A Pvt Ltd Co. registered in Feb. 2011 having registered office in Gurgaon. It opened a branch in Delhi also.

Is it necessary to have separate audit of branch books ? If yes, then

Can the auditor of both branches be same ?

And should i club all the assets and liabilities or i should show the profit only of branch in head books ?

27 May 2011 You can appoint same auitor for both the branches and you have to show consolidated financials




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query