Audited balance sheet contains fraud
This query is : Resolved
23 July 2013
Dear sir,
If an audited balancesheet contains fraud, can we restate figures in it and what is the liability of ca when he is not aware of the fraud and conducted test check basis vouching and erformed closing audit....
company is a listed company and balancesheet is already sent to sebi, roc etc
If an audited balancesheet contains fraud, can we restate figures in it and what is the liability of ca when he is not aware of the fraud and conducted test check basis vouching and erformed closing audit....
company is a listed company and balancesheet is already sent to sebi, roc etc
23 July 2013
no you cannot restate figure of audit report
pls tell the audiors and then auditor issue revised audit report with your above fraud
pls tell the audiors and then auditor issue revised audit report with your above fraud
Message likes :
1 times
23 July 2013
Can an auditor restate the figures?
and also audited balancesheet is adopted in AGM by share holders
and also audited balancesheet is adopted in AGM by share holders
23 July 2013
YES PLS CONTACT OT YOUR AUDITORS
23 July 2013
as per companies act section 215 it says a balancesheet adopted in agm can not be reopened in any case for correction
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- AIS FEEDBACK REJECTED BY SOURCE
- AIS reflecting Aggregate interest on kvp, not accrued .
- Expenses related
- Notice under section 143(2) of the Income-tax Act, 1961
- Wronly generated e-way bill
- Capital gains-3.7.25
- IT Return - other income
- CAPITAL GAIN TAX FOR PARTNERSHIP FIRM
- It return filing query
- 54 Capital Gain Exemption
- E Bank realisation certificate
- TEA STALL AND SNACKS CENTER LIMIT FOR GST APPLICATION
- Last date of completion of assessment
- ONLINE TDS CHALLAN CORRECTION.
- CA Certificate Query
- Gst payable on online food sale through Swiggy
- Composition Dealer GST Annual Return Filing process
- Relief claim by NRI
- Unearned leave
- REGARDING APPLICABILITY OF PURE AGENT SERVICES UNDER GST
Trending Online Classes
CAclubindia
