Question ID :
40646
558351
I have started practice in april 2020, can i sign the balance sheet of proprietor who is not required to audit under any law, for financial year 2017-18.
Thanks in advance
Posted by
CA SACHIN SETIA
on
May 08, 2020
Filed Under
AUDIT
No. You cannot signed
Posted by
CA. SATISH CHAND GARG on
May 08, 2020
Answer ID :
80519
What is the nature of service you have undertaken?
Posted by
CA PRADEEP C B on
May 09, 2020
Answer ID :
80520
Balance Sheet was required for loan purpose, client had filed ITR as per sec 44AD for AY 2018-19
Posted by
CA SACHIN SETIA on
May 09, 2020
Answer ID :
80524
Yes. You can sign the FS but you should mention that it is "not audited or not reviewed". it is like a provisional FS.
Posted by
CA PRADEEP C B on
May 14, 2020