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Non-compliance pointed out in the Annual Reports of various companies related to (AS) Accounting standards used in the preparation and presentation of financial statements.
Ratio analysis gives a more accurate picture of a company. It helps in comparison of company's performance to similar company's or industries to understand the position in the market.
Non-compliance pointed out in the Annual Reports of various companies related to (AS) Accounting standards used in the preparation and presentation of financial statements.
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Note to the financial statements of the company on Trade Receivables that there is an increase in trade receivables while comparing the outstanding balance as at the end of the previous year and the current year.
It was observed that the separate section on going concern was not reported by the auditor as required by SA 570 (Revised)
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It was noted from the accounting policy of revenue that the element of financing has not been considered if the credit term is consistent with market practices....
Common Non-Compliances of Financial Reporting: Equity & Liabilities
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Shaswat initial support private limited
Ahmedabad
CS
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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CMNITY HIRE
New Delhi
Others
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CAclubindia
