Certifying a Project Report
This query is : Resolved
06 May 2009
Dear Sir
As a practising CA, we have to strictly follow the format as given in AAS-35 whilst certifying a PROJECT REPORT. OR, we can implement the theme of AAS-35 viz., the purpose of AAS-35 may be served in other terminology also.
Whether, AAS-35 is applicable to report on the Projections of SMEs or even smaller firms for the purpose of availing Working Capital Limits
please clarify
As a practising CA, we have to strictly follow the format as given in AAS-35 whilst certifying a PROJECT REPORT. OR, we can implement the theme of AAS-35 viz., the purpose of AAS-35 may be served in other terminology also.
Whether, AAS-35 is applicable to report on the Projections of SMEs or even smaller firms for the purpose of availing Working Capital Limits
please clarify
08 May 2010
YES, AAS-35 IS NOT APPLICABLE TO SMES FOR THE PURPOSE OF AVAILING WORKING CAPITAL LIMITS FROM BANKS/FINANICAL INSTITUTIONS.
08 May 2010
OK, THIS REPLY IS VALID
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