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Home » Questions » So how can auditor rely on valuation report of civil engineer while analysing the advances given by banks on the basis of such report
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Shubham MangalShubham asked 2 years ago
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Auditaudit Staff answered 2 years ago

if bank loan is for construction related activities his report is relevant , as his expertise is relevant for construction
but it may not be suitable for valuation of machinery where mechanical engineers report may be relevant in such case we will reject civil engineers report.

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