FRAUD

This query is : Resolved

Share Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

27 October 2010 INVESTMENTS PURCHASED BY COMPANY BUT DELIVERY NOT TAKEN.

WILL IT AMOUNT TO FRAUD?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

27 October 2010 Saw the query and also the PM. The facts given is not enough for me to give my observation.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

27 October 2010 Investments purchased during a financial year and no info regarding the purchase is said to the auditor during the audit.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

27 October 2010 The auditor may put his observations in writing and get written reply for the issue among other audit queries. If the auditor is not satisfied with the company's replay, include the question and answer suitably in the "notes on accounts" with a reference of that note in the audit report in such a way that the report should be either qualified /giving a negative opinion,depending on the amount / period of delay involved ,about the true and fair view of the nature of company's accounts.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

27 October 2010 THANKS A LOT SIR

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA Uzma Khan

S D Kannan

CA Saurabh Jadhav

Ramesh Thammineni

SARAN KUMAR

Subscribe Now

FRAUD

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

CA Final

Article Assistant

GST CONSULTANT

Accountant

GST CONSULTANCY