Co audit
This query is : Open
17 December 2013
if there is violation of accounting standards that need to b followed den whether auditor needs to issue qualified report or adverse report?
17 December 2013
Violation of the accounting standard if falls in the category of misleading or incomplete nature of the financial statements then the auditor shall express an adverse opinion.
If non-compliance of AS and disagreement with management related therewith or limitation on scope is not so material and pervasive as detailed above then the auditor shall express an unqualified opinion as being 'Subject to' or 'Except for' the effects of the matter to which the qualification relates.
If non-compliance of AS and disagreement with management related therewith or limitation on scope is not so material and pervasive as detailed above then the auditor shall express an unqualified opinion as being 'Subject to' or 'Except for' the effects of the matter to which the qualification relates.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- GST ON DAMAGED GOODS
- Specified Profession
- GST Registration Horse racing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
