Financial Statements for Wound Up of Company

What are the disclosures required to be made while auditing the financial statements of a liquidated company.

Is there any guidance note on it?

Replies (1)

While auditing the liquidated company the receipts and payments is to be gone through.check the company is involved in any suits whether in its name or against its name.check the sundry creditors are met.no liabilities are outstanding .is there any debts to be recovered.hows the shareholders paid off.

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