Auditors Repors

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Santhosh Poojary (Querist)
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29 November 2010 Dear All Experts

What is the Exact Meaning of Qualified Report & Unqualified Report ?

Pls clarify With Examples

Santhosh Poojary

Santhosh Poojary (Querist)
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29 November 2010 in Practial Which Report is More Popular & useful?

Rasesh

Rasesh (Expert)
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29 November 2010 A qualified report is a report in which there are some adverse remarks on the accounting or there is some observation which is made by the auditor on the accounts which may have an impact on the true and fair concept.

An unqualified report is a report in which are there no remarks/observations etc

Popular and Useful ... question is not relevant. What has to be done in a particular case has to be done by the auditor.

Ajay Mishra

Ajay Mishra (Expert)
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29 November 2010 Agreed with Mr. Rajesh.....

Santhosh Poojary

Santhosh Poojary (Querist)
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29 November 2010 Thanks dear Rajesh sir for Nice Explanation

thanks to ajay sir too.

Santhosh Poojary

Santhosh Poojary (Querist)
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29 November 2010 Act says that in case of joint shareholders, aproxy will be appointed with the consent of all joint shareholders.

What happens if few appoint one proxy and others are thinking to appoint different proxy?

Santhosh Poojary

Santhosh Poojary (Querist)
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29 November 2010 Pls Clarify following doubt

pls refer following link :

https://www.caclubindia.com/forum/proxy-appointment-joint-shareholders-114497.asp

Santhosh Poojary

Santhosh Poojary (Querist)
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02 December 2010 thanks

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