Audited Financial Statements
This query is : Resolved
03 October 2020
Hi,
Can a Partnership Firm get its Accounts Audited from a CA before completion of the Financial Year. And what are the conditions.
Details are as under:
Date of Formation- 15/07/2020, Industry: Film Industry, Purpose for Audited Balance Sheet: Subsidy from State Govt, Audited Accounts needed: Till 15/10/2020, Film completed but will be released/ Sold to other party in Jan-2021.
Please suggest
Regards
Sushil
Can a Partnership Firm get its Accounts Audited from a CA before completion of the Financial Year. And what are the conditions.
Details are as under:
Date of Formation- 15/07/2020, Industry: Film Industry, Purpose for Audited Balance Sheet: Subsidy from State Govt, Audited Accounts needed: Till 15/10/2020, Film completed but will be released/ Sold to other party in Jan-2021.
Please suggest
Regards
Sushil
03 October 2020
Yes, Partnership Firm can get its Accounts Audited from a CA before completion of the Financial Year. The period for which audit is done will be mentioned in the report. Books of accounts and vouchers bank statements required for that period.
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09 October 2020
Thank you so much Sir.
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