Dear friends...
Can a CA sign on unaudited balance sheet prepared by the company management.
What do i need to qualify while siging??
Pls help...Its urgent
2 Replies
Bhanu Prakash Rao
(Think Beyond Stay Ahead...!)
(1064 Points)
Replied 27 November 2012
If an auditor signs the financial without audit it will be considered as professional misconduct
Nithin Chettoor
(Assistant Manager)
(388 Points)
Replied 28 November 2012
A CA may give a projected financial statement unaudited. And if CA is employed and is a director he may sign on behalf of the Board. But why would someone come to an auditor for a sign if he needs an unaudited financial statement??
Its not professional misconduct, he is not using his profession at al? Whats the point in signing an unaudtied financial statement by an auditor. THat sign has no value.
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