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Projected financial statements

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 May 2013 A person estimates 20% increase in revenue & accordingly he also expects 20% increase in expenses. This needs to be submitted to bankers for loan purpose. Can we attest this as a CA. What will be our responsibilities. What disclaimer we can add to this attestation.
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 May 2013 Please update on this ?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
03 July 2013 yes,it can be attested, you need to justify your assumption
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