Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Sep 2017 My Price 3.00

accounts are closed

Q.No.35. A is appointed as the auditor of X Ltd. on 26th July, 2003. He informs the company that he will visit its head office on August 13, 2003 (a holiday for the company, being a Sunday) and examine the cash book. The accountant argues that A should come after March 31, 2004 when the accounts are closed. Moreover, he should not come on a Sunday as the office is closed on that day. Is the position taken by the accountant legally correct?

Answers

(5)
Status NEW Posted 24 Sep 2017 01:09 PM My Price 3.00

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