The management of a company has approached its bankers and requested for enhancement in working capital credit facilities. The bank manager…
CA Intermediate · Auditing and Ethics · MTP · May 2025
The management of a company has approached its bankers and requested for enhancement in working capital credit facilities. The bank manager requested for financial statements of the company for half year along with report providing assurance in this respect duly signed by CA. It also requires projected financial statements for coming years along with a report from CA providing assurance regarding these projections to consider request of management. Which of the following standards issued by ICAI are relevant for CA P in such a situation, if any?
Suggested Answer and Working Notes:
Correct Answer: Option (D)
Standards on Assurance Engagements.
Topics: Special Features of Audit of Different type of Entities
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