Regarding pollution licence
This query is : Resolved
22 August 2016
How CA certified Project report prepared for getting pollution licence whether we can state that such report is being prepared on the basis of information provided by the managment.
22 August 2016
please give me reply
20 July 2025
Certainly! Here's a clear explanation regarding the CA-certified project report for obtaining a pollution license and how to handle the certification part:
1. Role of CA in Project Report for Pollution Licence
Generally, the pollution control board requires a project report detailing the manufacturing process, raw materials, waste generated, pollution control measures, and financial viability.
The CA’s role is typically to certify the financial aspects of the project report, such as project cost, capital investment, funding sources, and profitability projections.
The CA does not certify technical or environmental data unless specifically qualified.
2. Statement Regarding Basis of Report
It is common and acceptable to state that the report is prepared based on the information and documents provided by the management.
Typical wording used by CAs in such reports:
“This report has been prepared based on the information and documents provided by the management and to the best of our knowledge and belief.”
This clarifies that the CA is not independently verifying technical or environmental data but is certifying financial and related data.
3. What the CA Should Verify
Verify the financial data provided — cost of pollution control equipment, funding arrangements, expenses, etc.
Ensure consistency and reasonableness of figures.
Cross-check with supporting documents (e.g., quotations, contracts).
4. Conclusion
Yes, you can and should include a disclaimer stating the report is based on management’s information.
This protects the CA from liability for inaccuracies in technical/environmental information.
1. Role of CA in Project Report for Pollution Licence
Generally, the pollution control board requires a project report detailing the manufacturing process, raw materials, waste generated, pollution control measures, and financial viability.
The CA’s role is typically to certify the financial aspects of the project report, such as project cost, capital investment, funding sources, and profitability projections.
The CA does not certify technical or environmental data unless specifically qualified.
2. Statement Regarding Basis of Report
It is common and acceptable to state that the report is prepared based on the information and documents provided by the management.
Typical wording used by CAs in such reports:
“This report has been prepared based on the information and documents provided by the management and to the best of our knowledge and belief.”
This clarifies that the CA is not independently verifying technical or environmental data but is certifying financial and related data.
3. What the CA Should Verify
Verify the financial data provided — cost of pollution control equipment, funding arrangements, expenses, etc.
Ensure consistency and reasonableness of figures.
Cross-check with supporting documents (e.g., quotations, contracts).
4. Conclusion
Yes, you can and should include a disclaimer stating the report is based on management’s information.
This protects the CA from liability for inaccuracies in technical/environmental information.
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