Certifing the debtors
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 May 2012
How huge debtors are certified by the ca?
plese explain the procedure of it?
plese explain the procedure of it?
12 May 2012
Debtors cannot be actually certified by a chartered accountant. However, in case of higher OD and CC limits sanctioned by bank, the bank requires the Stock and Debtors duly certified by CA. In this case, you can certify the debtors and stock subject to this statement you need to mention on the certificate.
"We have not physically valued the Stock. The stock and debtors figures are certified on the basis of unaudited financial statements and the accounts maintained by the firm / company."
"We have not physically valued the Stock. The stock and debtors figures are certified on the basis of unaudited financial statements and the accounts maintained by the firm / company."
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query on effect of registration of property
- Visiting card purchase
- Due date for filing return for the partner in partnership subjected to Tax Audit
- GST on reimbursement of expenses
- Whether output tax is taken credit by purchaser
- Additional trade name
- Wrong CMPo8 file
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Equity Share Sale and Purchase
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
