Cash on hand
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 October 2013
If company has large cash on hand 80,00,000 but management is ready to give Mgmt Representation then what other precautions to be taken in statutory audit by auditor ?
29 October 2013
if you are not comfortable with quantum of cash in hand, then it is advisable that you ask the client to provide a complete flow of cash in hand from the date of reporting ie 31 March to the date of verification.
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