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date of the audir report

madhukar (student) (306 Points)

21 September 2007

hi buddies

let me know the timegap if any between the reports of directors and auditors

could it be the same date and which report issed at first

pls clarify

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9 Replies

Prakash Popat (3134 Points)
Replied 21 September 2007

But naturally for statutory audit Directors Report come first.

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madhukar (student) (306 Points)
Replied 21 September 2007

PLS MAKE CLEAR BY MENTIONING THE DATES

Ravikumar.G (Consultant) (18525 Points)
Replied 21 September 2007

AGM should be held within six months from the end of the financial year in case of companies following the date 31.03... (Notice should be given 21 clear days before conducting AGM ) Notice should be attached with Financial statements, Directors Report and Auditors' Report, Notes etc. The auditors' report should be signed before sending the notice.

(Guest)

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(Guest)

thanks for u r reply

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Basavaraj (Employee) (48 Points)
Replied 21 September 2007

Madhukar, The report of the director must include the comments on auditors qualifications. So it is implied that both the reports cannot be on the same date. There is no time expressed in company law.

CMA Gul S (Program Manager) (5910 Points)
Replied 28 September 2007

It is not possible for the same date for the Auditors Report and the Directors Report

(Guest)

hi The Auditor report should be submitted before issing notice to the members

(Guest)

HI only with the mutual agreement between company and the auditor, the auditor and director should disclose their points before finanlising their respective reports with others. with the results the auditor may be required to submit their report first