Approval of financials
This query is : Resolved
27 November 2015
Dear Experts,
Please let me know time gap between Board resolution passed for approval of accounts to auditors and date of financials signed by auditors.See, if date of resolution is 23/09/2015, dt of financials signed by directors 23/09/15 and date of financials signed by auditors is 26/11/15. Is it allowable?
Please let me know time gap between Board resolution passed for approval of accounts to auditors and date of financials signed by auditors.See, if date of resolution is 23/09/2015, dt of financials signed by directors 23/09/15 and date of financials signed by auditors is 26/11/15. Is it allowable?
27 November 2015
Time gap differ from case to case and no hard and fast rules except that date of signing by the auditors do not precede date of BM in which a/cs are approved.
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