Hi
Can anyone tell me when CMA Data Reports are to be submitted to the bank i.e. upto what limit of loan banks ask for CMA. Secondly when bank asks for stock audit.
Thanx
Naina
(CA Student)
(477 Points)
Replied 12 December 2009
But I have been preparing CMA Reports for bank loans even upto 10 lacs.
CA Harish Suwalka
(Chartered Accountant ( Bhilwara ))
(4125 Points)
Replied 13 December 2009
| Originally posted by :Naina | ||
| " | But I have been preparing CMA Reports for bank loans even upto 10 lacs. | " |
thr is not any limit.
it depends on bank guide lines and their requirements.
Naina
(CA Student)
(477 Points)
Replied 14 December 2009
Can Bank ask for age - wise creditors as well. I think generally bank ask for age-wise debtors only. But in one of our cases they are asking for it.
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