HELLO FRIENDS, MY CLIENT ASK ME TO GIVE A STAMP ON THE LAST THREE YEARS BALANCE SHEETS. BUT I HAVE NOT AUDITED THESE, CAN I MAKE A STAMP ON IT AND MAKE A NOTE THAT IT IS COMPILED BY ME ONLY. IS IT OK.
PLS. REPLY ME . THANKS.
RAJ KUMAR (FINANCE MANAGER) (1393 Points)
29 March 2013HELLO FRIENDS, MY CLIENT ASK ME TO GIVE A STAMP ON THE LAST THREE YEARS BALANCE SHEETS. BUT I HAVE NOT AUDITED THESE, CAN I MAKE A STAMP ON IT AND MAKE A NOTE THAT IT IS COMPILED BY ME ONLY. IS IT OK.
PLS. REPLY ME . THANKS.
sudarshan
(CA)
(745 Points)
Replied 30 March 2013
Audit means not only affixing seal but also giving report in which true and fair view of accounts is certified. Companies act, tax audit are examples of such audits. Affixing seal of CAs without giving report signify nothing. You may affix seal but sign as unaudited/provisional
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