what Liability of CA for Signing Provisional Bal. Sheet ?

yes but in limit

Hi dude,

In my opinion, recipient of such provisional balance sheet makes a diference. If you are giving this to financial institution in form of 'Projected Balance Sheet' then CA's liability is same as in case of normal balance sheet (except normal variances between actual and projected)

But if your client wants it for just reference in between your audit period then there will be no liability since it is not a final balance sheet.

Waiting for other replies since I am much familiar with second case and I have seen many cases where CA gives the tentative balance sheet to client for reference but in final balance sheet many adjustments are made.

Thank u Yegesh Shah for ur kind Attention .

Dear nitesh

As the word itself tells that the figures are provisional & projected and hence the ca always write one life below the balance sheet as per information provided to us.

so the ca can sign the balance sheet.