What is the importance of Stock Audit, Accounting Audit
Answer / yogesh
stock audit important because in statutory audit report u/s
227 and under CARO 2003 auditory has to answer whether
their proper system for verification and proper valuation
of the inventories otherwise it will spoil whole purpose of
Financial Statement.
Is This Answer Correct ? | 7 Yes | 3 No |
purchase price of property purchased within last 3 years is to be relied upon not and not on revalued amount for the purpose of loan against properties.
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what is statutaru audit??
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surrender of shares
What is the importance of Stock Audit, Accounting Audit