audit report

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can previous year profit be changed on the basis of note, previous year figure have been regrouped or rearranged wherever necessary.

in other words can a note, previous year figure have been regrouped or rearranged wherever necessary, in notes to accounts permit the company to change previous year profit

Thx
Replies (2)

Figures may be regrouped for better presentation or due to changes required in current FY,but net profit (of previous year)cannot be  changed

Thanks Raj Kamal Ji


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