Chartered Accountant
112 Points
Joined November 2008
No it is not for the attention of the users.
Company need to submit the final audited report to ROC (Statutory matter) Banks (For loans, stock audit), Investors (before AGM), Other bodies (Like CARE ect). This report goes to Tax Auditors, Other statutory tax departments like PF, ESI, P.Tax, Labour department etc as per requirement and nature of size of the Company. If a audit report will be qualified by auditor then ROC will ask question to Company in one hand and Company will face lots of obstacles from each department mentioned above.