Depreciation
This query is : Resolved
01 August 2010
Whether auditor should qualify the audit report if company has not provide depreciation? Whether it will be okay if he writes the same in notes to accounts instead of qualifying report?
01 August 2010
Not only in "notes on account" but also in the report the auditor has to comment on non compliance of AS 6 and the effect on profit and loss account and balance sheet should also be quatified.
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
- Treatment of Proceeds from sale of Jointly held Flat
- TDS Under Section 194IA Where More than one Buyer and More than one Seller
- Interest on Capital-Partnership Firm
- ISSUANCE OF TAX INVOICE IF CAR/BIKE SOLD SHOWN IN FIXED ASSET
- Insolvency and Bankruptcy code 2016
- Updated return
- ABOUT RE-OPENING OF CASE
- Licenses/registrations to be updated for change in name of company
- TDS on rent paid to NRI rate
- Investment in Two Residential Houses
- TDS payable on Lottery - Luck and Draw - Car
- ADT-3 AND ADT-1
- Mvat Reurn filling for Restaurant & Bar
- LABOUR SUPPLY BILL - RCM APPLICABLITY
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- TDS under section 195.
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
