Is it okay if a Private ltd. company director signs along with the company auditor on the auditors report in the companys annual report.
Thx in advance
jignesh l bhatia
(CA)
(78 Points)
Replied 05 August 2010
What happens inthe practical Life is many a times Audit Reports are made after Filing of returns due to scarcity of time.
If u go in Legal & correct way then its necessary that director should approve the Accounts the first and then auditor will present their report to the Directors of the company.First director has to sign the report & then Auditor Signs it.
But in Practically life no such compliances are made except some good CA Practioners firm & BiG 4 firm
So be Practical in this aspect.
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