Debtors (Subject to Cofirmation)
This query is : Resolved
07 May 2009
Dear Members,
In many balance sheets I observe a line always attached with debtors in schedule
i.e (Debtors are subject to confirmation).
May I know the source from where the auditor or management got right to attach this line.
Please reply ASAP.
Regards,
CA Rahul
In many balance sheets I observe a line always attached with debtors in schedule
i.e (Debtors are subject to confirmation).
May I know the source from where the auditor or management got right to attach this line.
Please reply ASAP.
Regards,
CA Rahul
19 May 2009
The line mentioned is perfect. Its because there are many debtors which for which no confirmations are recieved. So to give disclaimer, the line is mentioned.
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