Substantial increase in fd but not such increase in surplus
This query is : Resolved
14 March 2014
Respected sir
i am performing audit of a school where i found fixed deposits of school branch 20 times than the net surplus kindly tell me what to check during the audit and how to proceed the audit????
i am performing audit of a school where i found fixed deposits of school branch 20 times than the net surplus kindly tell me what to check during the audit and how to proceed the audit????
14 March 2014
there may be cash inflow unaccounted and directly fd's may be purchased.so invetsigate it.
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