Question ID :
40672
Turnover Certificate unaudited figures
Wether a CA in practice who's providing accountancy services to a company can give turnover Certificate (figures) of a F.y. which are unaudited by a statutory auditor to the banker?
Posted by
POLUKONDA SAI NAGA SIRISHA
on
Jun 04, 2020
Filed Under
Compliance
In my Opinion, the Answer is No. The CA providing Accountancy services to the Client and Certification requires verification of Record, which is maintained by the CA, himself, which amounts certifying his own figures.
Posted by
Rupakula Rajasekhar on
Jul 11, 2020
Answer ID :
83588
No. To avoid the conflict of interest, he /she should not issue
certificate for the turnover as he himself is maintaining the books of accounts.
Posted by
CA. JHA SHANKAR KUMAR on
Aug 10, 2022