today audit paper query
janvi (1234) (14 Points)
06 November 2017
whether indas apply to sec 8 company?
6 Replies
Rishabh Kasliwal
(asd)
(26 Points)
Replied 06 November 2017
I don't know whether ind as applies or not, but i think question just asked about the reporting aspect as it was written that we have come across a notification and according to it, ind as needs to be applied and management is of opposite view. I wrote that in that case FRF used is not proper so we'll Qualify our opinion. Don't know if it's right or wrong.
janvi
(1234)
(14 Points)
Replied 06 November 2017
but i think the answer could be about the emphasis of mattet para...if indas do not apply to the fin statement..
Anmol Davesar
(Chartered Accountant)
(818 Points)
Replied 06 November 2017
I wrote that auditor will disclose this matter in EOM para ! And disclose the departure frm accounting standards
PRAVESH JAIN
(EMPLOYEE)
(144 Points)
Replied 10 November 2017
its applicable to sec 8 co. as per rule 3....hence intention of mgmt was incorrect and hence auditor should qualify his report accordingly considering the pervasive effect of non complying with frf
Recent Topics
- Nznxnc call me at the end of the day of the
- Cp chod doob zoom vo book book
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
Related Threads
CAclubindia
