Balance sheet, p&l and notes

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ARTHI (Querist)
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27 June 2014 Dear Experts,

Kindly guide on the ‘basic’ queries:

1. Balance Sheet,
2. Statement of Profit and Loss and
3. Page of Last Note on financial statements

Please confirm, whether ‘Place’ mentioned in the ‘BS, P&L and Page of Last Note of Financial Statements’ shall represent the Place of Registered Office of the Company or

‘Place’ shall represent the Location of the Auditor, who signs his/her Report and the Accounts.

Incidentally, I came across the Annual Report of a Cochin based Company, where the ‘Auditor of Salem’ has struck off the ‘Place: Cochin’ and changed it as ‘Salem’.

I need to understand, whether ‘Salem’ is appropriate to mention in the above said documents. Please Confirm.

Can I know the lay out of Balance Sheet confirming the ‘Place’ should be relating to the Registered Office of the Company only?

Thanks a lot.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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28 June 2014 1. Location of the auditor.

2. Salem has to be mentioned.

3. No specific mention in 1956/2013 act. But inference is from section 215 and 134 of the respective acts and SA 700 (clause 27).

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