Liasion office Audit report

I am searching for an audit report for Liaison office in India, But I can't find any format for it. I need some information about how I prepare the report.

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Quick Summary
Preparing an audit report for a Liaison Office in India involves a specific format focused on verifying the Receipts and Payments Account. Unlike typical audits, it does not cover profit or loss. Instead, it confirms the office's funding solely from its foreign parent and that its activities are limited to non-commercial communication. This report is a crucial component of the Annual Activity Certificate (AAC) that must be submitted annually to the RBI and Income Tax department.

The audit report for a Liaison Office in India is specialized. It doesn't report on profit or loss, but rather verifies a Receipts and Payments Account to prove that the office was entirely funded by its foreign parent entity and engaged only in non-commercial communication activities. This report is a mandatory attachment to the Annual Activity Certificate (AAC) submitted to the RBI and Income Tax department every year.

The audit report for a Liaison Office in India is specialized. It doesn't report on profit or loss, but rather verifies a Receipts and Payments Account to prove that the office was entirely funded by its foreign parent entity and engaged only in non-commercial communication activities. This report is a mandatory attachment to the Annual Activity Certificate (AAC) submitted to the RBI and Income Tax department every year.

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