Audit report format for projection statement
This query is : Resolved
Duruva narayanan
(Querist)
10 January 2012
Can anybody say what is the format for audit report for signing the bank projection report and what are the wordings to be included in the report.
Its urgent pls...
Its urgent pls...
Mahesh Paryani
(Expert)
11 January 2012
Dear Sir,
It is not a audit report but a projection report.
please refer to the following clause of ICAI code of conduct
Part 2
Schedule 1
Clause (3) - Practising member prohibited from permitting his name or the name of his firm to be used in connection with an estimate of earnings contingent upon future transactions in a manner which may lead to the belief that he vouches for the accuracy of the forecast.
Also please search for some cases related to this clause you will get an idea for the same.
Regards
It is not a audit report but a projection report.
please refer to the following clause of ICAI code of conduct
Part 2
Schedule 1
Clause (3) - Practising member prohibited from permitting his name or the name of his firm to be used in connection with an estimate of earnings contingent upon future transactions in a manner which may lead to the belief that he vouches for the accuracy of the forecast.
Also please search for some cases related to this clause you will get an idea for the same.
Regards
Duruva narayanan
(Querist)
11 January 2012
sir,
thank you for your reply.
thank you for your reply.
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