Balance sheet does not include :

Related MCQs

• In India, balance sheet audit is synonymous to
• The auditor has serious concern about the going concern of the company. It is dependent on company’s obtaining a working capital loan from a bank which has been applied for. Then management of the company has made full disclosure of these facts in the notes to the balance sheet. The auditor is satisfied with the level of disclosure. He should issue_
• In order to vouch bought ledger, the auditor obtain confirmations from creditors. The principal reason for the auditor to examine suppliers statements at balance sheet date is to obtain evidence that
• Which of the following would give the assurance that debtors mentioned on the date of balance sheet actually exist?
• Balance sheet audit included verification of :
• The creditor’s accounts, generally, have credit balance. Debit balance may be due to
• The management of a company, to which AS3 is not applicable, does not include statement of cash flows in its annual report. The auditor should express
• The auditor’s permanent working paper file should not normally, include
• The balance of cash in often between one to five percent of total assets. Tick the most appropriate statement with regard to verification of cash in context of this
• Verification of the value of assets, liabilities, the balance of reserves, provision and the amount of profit earned or loss suffered a firm is called _________.