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Management representation letter for continuity of a concern

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01 September 2012 Please comment, when a company having negatie networth from continously 5 yrs, whether the Audit report should qualify the same in the report, if yes, please give the way how to qualify and any management letter is required to obtain from the management? Thanx
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CA Sumat Singhal

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CA Sumat Singhal (Expert)
01 September 2012 No need to obtain any written representation letter from management.....just qualified your report by mentioning the same.
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