What wording should be used in the audit report?
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Answer Posted / hardik shah
that the report:
in his opinion and as per the info. provided by the
management is TRUE & FAIR.
that he as verified the accounts and no material mis-
statement was found,
company has kept proper sets of accounts.
and the accounting standards are being complied with.
about the internal audit system.
frauds being noticed or not.
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