Audit report
This query is : Resolved
Mukesh Barolia
(Querist)
27 July 2012
Please consider this case:
A co. A Ltd. being known of the fact that they will realise nothing from debtor in the coming periods, instead of this they are not Taking any provision in the books for the same.
So i want to know its treatment in the Audit report?
A co. A Ltd. being known of the fact that they will realise nothing from debtor in the coming periods, instead of this they are not Taking any provision in the books for the same.
So i want to know its treatment in the Audit report?
27 July 2012
you can just write the actual findings as audit opinion on debtors and qualified the audit report.
SANYAM ARORA
(Expert)
27 July 2012
Yes you can qualify the Audit Report regarding Provision Not made
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