banner_ad

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

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

23 July 2013 Can an auditor restate the figures?
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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details