Regarding audit


This query is : Resolved 

10 March 2014 why audited financial report is mandatory for some organisation???

13 March 2014 As per sec.216,218,219,220 of co.act only audited accounts can be filed with registrar of companies
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Audit is mandatory because in many organizations all owners may not included in management so audit ia made mandatory to safeguard interest o f owners by the act by which organisation formed or by othher acts.


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