Secret Reserve

This query is : Resolved 

24 November 2008 What is a Secret Reserve and whether it increases financial strength of the company?

24 November 2008 Secret reswerves are illegal / wrong
It is created by providing for expenses in excess amount...

So its not the matter as financial strength as one may not know whether the expense ar provided ficticiously or not



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries