Its one of my doubt regarding a question posted in the mock tests
The Question is " CA's cannot certify financial forecats.Is this statement true?" and the answer for the same was "Yes,clause 3 of Part I of Second schedule"
Now my doubt is If that is the case Whether a CA can certify Projected Financials??
17 April 2009
CA can only certify that all the arrangement , calculation and estimation made are correct and reasonable. he/she can not certify the future viability of a project or business
CAclubindia
