Question ID :
40756
Sing on provisional balance sheet
I am denied to sing provisional balance sheet and UDIN on provisional balance sheet.bank harras my client and say loan file will process without above said sing.what Can do and any step against bank can be taken.
Posted by
niladri Sekhar maiti
on
Aug 04, 2020
Filed Under
MISC.
Answer ID :
80661
Provisional financial statements are based on the historical data, however they are unaudited. A CA , on the basis of facts produced before him, may sign those unaudited Provisional financials but request must come from the client in this regard.
"The member has to comply with SRS 4410 while preparing Provisional Financial Statements/ Compilation of Information and has to obtain UDIN for the same"-- kindly refer Booklet of FAQ's on UDIN (Nov'19)-- Question 77 read with Annexure-4.
Posted by
ARJUN GUPTA on
Aug 05, 2020