DEAR ALL,
OUR CA & CA STUDENTS WHO WILL BECOME CA IN FUTURE. TODAY ONE OF THINGS COME OUT IN PRIMA FACIE OF SATYAM CASE THAT CASH & BANK BALANCES IS NOT TALLY. PHYISICAL CASH IS THE RESPONSIBILITY OF MANAGEMENT. BUT IN INITIAL STAGE IN DUSCUSSION OF ZEE BUSINESS COME OUT THAT BANK BALNCES ALSO DISCRIPCENCY. IF, IT IS THEN OF COURSE OF RESPONSIBILTIY OF AUDITOR. AND I THINK IN THIS TYPE OF GHOTALA SOME WHERE AUDITOR ALSO RESPONSIBLE.
I THINK NO ONE WILL DO THIS TYPE OF WORK SO ALL CA CUMUNITY BAD EFFECTS. IN MY OPINION WE SHOULD CONSIDER ABOUT THIS.
CAclubindia
