revision of Audit Report
ANURAG SHARMA (PARTNER) (23 Points)
23 March 2018
can audited balance sheet be revised if a mistake is detected?
2 Replies
ASHISH SURESH CHAURASIA
(Article)
(25 Points)
Replied 24 March 2018
I guess it can but not confirmed...
CA Amrita Chattopadhyay
(Audit & Assurance)
(13459 Points)
Replied 03 April 2018
Yes audited Balance sheet can be revised if it is detected before placing the report in the Annual General Meeting. If the audited financial statement is placed in the Annual General meeting, it can be revised by giving advertisement in the local newspaper informing the shareholders.
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