Regarding audit
This query is : Resolved
Rohit Kumar
(Querist)
10 March 2014
why audited financial report is mandatory for some organisation???
Ganeshbabu K
(Expert)
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.
.
.
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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