Desired Turnover
Narendra Varma (30 Points)
19 February 2019
Can the management show desired turnover in the financial statements?how?
1 Replies
Amogh Patil
(19 Points)
Replied 21 February 2019
Financial statements must be fundementally true and accurate as to show the actual and fair view of the transactions and balances of the entity.
Therefore desired turnover shall be as the turnover that actually was achieved during the year with compliance of law.
Therefore desired turnover shall be as the turnover that actually was achieved during the year with compliance of law.
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