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audit ca final bank ch

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102 Points Posted on 30 October 2017
audit of advance
what is meant by
auditor should verify the submission of claims to DICGC/ ECGC
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On 30 October 2017 at 21:36 Report
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Chartered Accountant
818 Points Posted on 30 October 2017
These are govt entities which provide banks the guarantee for payment in case exporter dont pay
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On 30 October 2017 at 23:38
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102 Points Posted on 31 October 2017
okay thanks for replying ... so here claims means the amt of default by exporters
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On 31 October 2017 at 02:08
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102 Points Posted on 31 October 2017
so basically auditor here is verifying that the claims are made or not wherever appl and whether they are correct or not
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On 31 October 2017 at 02:10
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Chartered Accountant
818 Points Posted on 31 October 2017
Yes he will verify the claims made by the banks to these agencies
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On 31 October 2017 at 22:07


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