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Pls..clarify my doubt...!

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(Querist)
17 April 2009 Hi..

Its one of my doubt regarding a question posted in the mock tests

The Question is " CA's cannot certify financial forecats.Is this statement true?" and the answer for the same was "Yes,clause 3 of Part I of Second schedule"

Now my doubt is If that is the case Whether a CA can certify Projected Financials??

Please Clarify my doubt...
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C A GROUP COACHING

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C A GROUP COACHING (Expert)
17 April 2009 Prudently CA is not supposed to certify projections
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
17 April 2009 CA can only certify that all the arrangement , calculation and estimation made are correct and reasonable.
he/she can not certify the future viability of a project or business
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CMA KNVV Sri Vidya - Sri Kanth

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CMA KNVV Sri Vidya - Sri Kanth (Expert)
19 April 2009 i agree with manu
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