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As-19

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27 September 2013 dear sir.. I have a confusion regarding AS -19 .I.e I m auditor of volkswagen cars showroom . today m considering their balance sheet of privious year then I observ that in their balance sheet they not mention regarding any property on lease . please give me answer that they have to disclose it or not. they receive asset without any furniture they brieng their own.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
27 September 2013 Yes if there is any such property is leased its compulsory to disclose.
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