Auditing -company accounts not foolowing ac standards
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 October 2011
A company has not followed the accounting standards.Auditors suggested to finalise the accounts after complying with relevant accounting standards.suggest any way to finalise accounts without change in this stage?
Please ans this question
Please ans this question
11 October 2011
Compliance of Companies accounting standard rules,2006 is mandatory. If not accounts will be treated as not true and fair in view of section 211(3C) of the Companies Act,1956.
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 October 2011
so how will the auditor finalise accounts and prepare audit report in this stage?
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