Ravi Staff answered 6 years ago
Yes kapil its PM question, what is the exact doubt you are facing, which point, which line which word or which concept you are not able to understand
i cannot type complete answer here
Kapil Anand answered 6 years ago
Hello gdmrng Sir, just tell me que in which context..i mean kis topic se related h.👍
Ravi Staff answered 6 years ago
crux :- in audit we are concerned with accounting of transactions and events which are as per management policies and decisions. We focus on accounting aspects, we dont go and challenge or evaluate whether management policies their decisions and way of their running a business is appropriate. we dont question decision making.
but sometimes we are suppose to evaluate decision making, when required by law for example 143 (1) and caro clauses ask us to evaluate whether decisions are prejudicial to interest of company