Details of Expenses in Audit Report
This query is : Resolved
17 October 2007
Is it necessary to give details of Expenses such as Salary, Rent etc in the Audit Report by an Auditor?
18 October 2007
no, it is not necessary,
in case of expenses follow the Act in which entity registered
in case of expenses follow the Act in which entity registered
18 October 2007
It is not necessory but after fiiling if department made any query or Notice to the client. Clint will show this expences details one that date thire fore we telling that it necessary
19 October 2007
Audit report is mainly exprssing opinion on financial statements. The format of audit report is dependent upon the requirement of Statute or the auditee.
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