Lunch to auditors

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Friends,

During audit the company usually provides lunch to auditor and auditor's representatives. Where should the expenses be booked ideally. In my present company we debit office maintenance. Your comments please.

Should such expenses, wherever be booked, be disclosed in PL statement as remuneration to auditors alongwith audt fees.

Regards,

Replies (1)

in my opinion better create one ledger for Auditors expences and all tavel conveyance and food bills paid to auditors or his staff and all other micellenous expences can be debited to this account so that we can get idea on auditors expences in a year

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