chartered accountant
103 Points
Joined June 2008
When we conduct the audit, the balance sheet , profit and loss account with the required scedule , detail and books of account are produced to us for our verification. We do not prepare the balance sheet, proft and loss accont, we have to check it and comment on it. We can not compel to change the balance sheet , profit and loss account. In case , we are not agree on any point, we have to report it.Therefore the balnce sheet and profit and loss accont is not the part of the audit report. Therefore we have to file balance sheet and profit and loss account dully signed by the assessee and ourself. Audit report has to be submitted seperatly.
C A K C AGARWAL, ALLAHABAD