If a company is yet to commence prodution can anyone tell me whether we need to mention it in the audit report ?
5 Replies
(Guest)
| Originally posted by : Vidhya | ||
 |
If a company is yet to commence prodution can anyone tell me whether we need to mention it in the audit report ? |  |
YOUR QUESTION IS VERY CLEAR...................YES WE NEED TO MENTION THE FACT THAT THE COMPANY HAS NOT YET STARTED PRODUCTION IN THE AUDIT REPORT..
Navneet Gupta
(Article)
(129 Points)
Replied 24 December 2009
| Originally posted by : dípểکh ███♪███♪███ | ||
|
Originally posted by : Vidhya If a company is yet to commence prodution can anyone tell me whether we need to mention it in the audit report ? YOUR QUESTION IS VERY CLEAR...................YES WE NEED TO MENTION THE FACT THAT THE COMPANY HAS NOT YET STARTED PRODUCTION IN THE AUDIT REPORT.. |
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can u tell where is the requirement to mention this fact in the audit report - companies act, caro, etc.
Navneet Gupta
(Article)
(129 Points)
Replied 24 December 2009
| Originally posted by : dípểکh ███♪███♪███ | ||
|
Originally posted by : Vidhya If a company is yet to commence prodution can anyone tell me whether we need to mention it in the audit report ? |
|
can u tell where is the requirement to mention this fact in the audit report - companies act, caro, etc.
Vidhya
(111 Points)
Replied 24 December 2009
What i thought was like it was enough if the fact is mentioned in the Notes of accounts and was not required in the audit report
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