Good evening All,
It is very well known that CS signs the financial statements of the Company where he/she is employed as one. This is clearly mentioned in the Act.
Is it necessary to obtain the Board approval as well for the same?
Thank you.
Menu
Cs to sign financial statements
Replies (4)
Signing of financial statements doesnt means auditing. Right to do Audit of financial statements is with CA only. CS signs in a capacity of secretary of that company. It his work.
Board approval is needed for financial statements. their sign shows that the statements have been reviewd and apporved by the board.
So obtain sign of 1 MD or chairman, 1 Director, and secretary. then they are called as approved and not before that.
Secretary to a company is like human organ to the artificial entity.
Yes Board Approval must contain it
Thank you everyone for your views.
Recent Topics :
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
- Does Anyone need CA Foundation books of May2026 at
- Last day for ITR-U for AY 2023-2024 (FY 2022-2023)
- Sale of shares in indian company by a non resident
Related Topics :
CAclubindia
