Hi
can any one help me by advising regarding the audit report of a private limited company that has been done by my auditor.i am having several doubts about his audit report.
V Venkat Kiran (37 Points)
20 May 2016Hi
can any one help me by advising regarding the audit report of a private limited company that has been done by my auditor.i am having several doubts about his audit report.
Harshad Kanekar
(Taxation and Accounts Executive)
(314 Points)
Replied 20 May 2016
What kind of doubts are you having? Can you please specify?
Milind M. Kulkarni
(Practicing CA)
(580 Points)
Replied 21 May 2016
Venkat, you need to specify your doubts clearly so that we can provide clarification. Without specifying the doubts, no clarity can be provided.
By the way, format of the audit report is governed by ICAI standards on auditing. Please refer SA 700-799 issued by ICAI in this regard. Auditor's responsibility to report is also governed by the Companies Act, 2013 and CARO 2016 (in your case, it will be CARO 2015 for the current FY).
The above are for your information. If you have any doubts which do not get resolved with this, please specify them clearly.
sanjith kotni
(Articled assistant)
(663 Points)
Replied 03 June 2016
SA700 specifically meant for format of auditor's report
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