Audit

This query is : Resolved 

08 April 2009 A Public Limited company has been incorporated in March 09 but it has not commenced business before 31st March nor it has received any share application money nor it has a bank account. The first board meeting has been held before march 31st. What are implications regarding audit of the balance sheet as on 31st March 09

08 April 2009 audit has to be conducted for the year ended 31st march 09 becz as per companies act audit is required to be done every year.

10 April 2009 i support the expert

10 April 2009 i support the expert


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