QuestionsCategory: CA-Final Prof EthicsProfessional ethics second schedule clause 3
AnkushAnkush asked 4 years ago

Sir in clause 3 of second schedule of professional ethics cannot certify financial forecasts
But during my articleship i saw many a times by principle signed the projected balance sheets we made for clients whice he was to submit to his bank

So by signing those balance sheets was my principle certifying those forecasts or is signing not considered as certifying in this case

1 Answers
RaviRavi Staff answered 4 years ago

signing such statements is not a problem
it simply means he has evaluated these statements
point is what he has written in his report
if has not issued any report he is safe