Branch audit: auditors may examine branch accounts at head office if records are available, subject to auditor discretion. There is no statutory requirement that an auditor must visit branch premises; if branch accounts, books and vouchers are maintained at or made available to the head office, the auditor may examine them there, subject to professional judgment about the sufficiency of evidence and need for further procedures.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Branch audit: auditors may examine branch accounts at head office if records are available, subject to auditor discretion.
There is no statutory requirement that an auditor must visit branch premises; if branch accounts, books and vouchers are maintained at or made available to the head office, the auditor may examine them there, subject to professional judgment about the sufficiency of evidence and need for further procedures.
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