Question

Audit Memorandum is filed by

• A. Auditor
• B. Accountant
• C. Treasurer
• D. Secretary

Answer 1

Answer:

A. Auditor

Audit Memorandum:

• Rule 64(2) KCS Act 

• Part of Audit note / report 

• Filed by Auditor

• Includes 

• P&L A/C,B.S (Audited)

Whether:

• He get all information 

• All explanation 

• Financial Statement are agreed 

If satisfied = OK 

• Not satisfied : Note the defects