CSR before audit

Hi all,

Help me with a query

Can CSR amount be spent (partially) even if Accounts are not audited yet and final CSR budget is not yet calculated?

Thanks in advance!
Replies (3)
Quick Summary
This discussion addresses whether a company can spend its Corporate Social Responsibility (CSR) budget before the annual accounts have been audited and the final budget is confirmed. The consensus is that it is permissible, provided the expenditure has received prior approval. This allows for flexibility in CSR initiatives while maintaining financial oversight.

But it should be approved
Thanks so much
Your welcome

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