Management Consultancy
This query is : Resolved
29 May 2008
Can a C.A. firm prepare/help in prepration of Financial Statements of a company as a Management Consultant?
The definition of the expression “Management Consultancy and other Services” by ICAI includes "Preparing cash budget, cash flow statements, profitability statements, statements of sources and application of funds etc".
The definition of the expression “Management Consultancy and other Services” by ICAI includes "Preparing cash budget, cash flow statements, profitability statements, statements of sources and application of funds etc".
29 May 2008
services Statement of sources and application funds suggest it positively
29 May 2008
"Statements of sources and application of funds" may relates to Fund flow Statements. However the expression do mention "profitability statements"? does it includes "Profit & Loss Statements" & "Balance Sheet"
30 May 2008
i think it can help but remember, can't audit them.
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