QuestionsCategory: CA-Final NBFCsNBFC – Exception Report
Anirban De asked 4 years ago

Sir, please share content of Paragraph 3 referred in below para:
Obligation of auditor to submit an exception report to the Bank
➢ Where, in the case of a non-banking financial company, the statement regarding any of
the items referred to in paragraph 3 above, is unfavorable or qualified

1 Answers
RaviRavi Staff answered 4 years ago

Paragraph 3 is nothing but matters which we have discussed, which need to be reported in audit report to BOD.