What is secret reserve? Why it is created? Discuss the duties of an auditor in regard to

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What is secret reserve? Why it is created? Discuss the duties of an auditor in regard to secret reserve with reference to provision of the Indian Companies Act.

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Auditing And Assurance

ISBN: 249937

2nd Edition

Authors: Sanjib Kumar Basu

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Question Posted: Apr 19, 2024 12:00 PM

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What is secret reserve? Why it is created? Discuss the duties of an auditor in regard to

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Secret reserves are reserves that are not shown in the balance sheet of a company They are created by intentionally hiding the actual net profit or sh...View the full answer

Auditing And Assurance

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